In promoting stablecoin regulation and adoption, Build Canada is repeating patterns of hype similar to Facebook’s ill-fated Libra project. Libra, a private stablecoin later renamed Diem, had an ambitious vision that collided with real-world realities: a fragmented and highly regulated global payments landscape, subordination to fiat currency policies, competing goals, and grand ambitions to solve... Continue Reading →
Notes on Build Canada
Recently, a group of entrepreneurs launched the Build Canada initiative in response to Canada's economic malaise and the recent upending of its trade relationship with the U.S. Two of Build Canada's published memos struck me; my notes are below: Notes on "Great People, Greater Canada: A Talent-First Immigration Strategy for Canada," by Martin Basiri Martin suggests... Continue Reading →
A Look at Canadian Bank-Startup Relationships
The Big 5 Canadian banks have a testy relationship with startups despite their activity in supporting AI research, partnering with accelerators, and lending to tech companies. As major institutions, they should be playing a supportive role in supercharging innovation by investing in, buying services from, and striking partnerships with startups. But overall, the opposite has... Continue Reading →
Here are Toronto Startups’ Top Cutting-Edge Technologies
[Disclaimer: the analysis and views expressed in this article are solely my own unless stated otherwise.] Last week, I published an article that analyzed 265 Toronto startups that made it through my angel investment pipeline. I want here to continue the analysis by looking at the cutting-edge technologies that those startups used and/or are offering to their... Continue Reading →
Startups in Toronto: from my Angel Investor Viewpoint
[Disclaimer: the analysis and views expressed in this article are solely my own unless stated otherwise.] In the fall of 2016, I became an angel investor by officially joining Maple Leaf Angels(MLA). It is quite the experience to have moved to the "other side of the table" after 5 years of hustling and bootstrapping. My motivations... Continue Reading →
Canadian Banks Can Learn a lot from Emerging Markets
Since I founded Circles, I've immersed myself in the world of Financial Inclusion in Emerging Markets. I quickly discovered that banks and Fintechs in Emerging Markets have been coming up with innovative solutions to serve the unbanked/underbanked masses. It's no surprise that banking markets in Africa and Asia are growing at a super fast rate as... Continue Reading →