[nickelcitymario]

I more or less responded to this in response to "etblg", but you'd be amazed at the amount of funding available from angels, local governments, provincial governments, and federal governments.

No, we probably won't be building the next Facebook up in Sudbury. We don't need to.

But we can do extremely well being "big fish in a small pond", as the saying goes. Our strength is mining. Very few communities have the concentrated resources and expertise that we do in this very specific sector.

I think your point of view is a little VC centric. If you're a community leader in any city like ours, your ambition isn't to attract billions of dollars of investment to build the next unicorn. I mean, sure, we wouldn't say no to it. But the actual challenge we're trying to solve is job creation. To create jobs faster than they can disappear.

If we throw all our money willy-nilly at any tech startup, we're not going to get a good return on that investment. Startups notoriously fail at a ridiculously high rate.

But we can look at our strengths, and build upon them.

You know, like any sane business person would.