In the News...

U.S. venture capitalists are increasing their northern exposure.
But are Canadian entrepreneurs ready for prime time?
By Lark Park

"New venture funding in Canada doubled to $2.7 billion from 1998 to 1999, but it's no match for the United States' VC juggernaut. In 1999, U.S. venture capital under management outpaced Canadian venture capital 16 to 1 and new money raised by 28 to 1, according to Ron Begg of the Canadian Venture Capital Association.

"There's not enough money and lots of good opportunities," says Brent Holliday of Vancouver-based Greenstone Venture Partners. "The U.S. VCs can cream the market if they come in now."