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by throwaway-blaze
29 days ago
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You think tax incentives are what makes VC work in California but not other places in the US let alone Canada? It's concentration of nodes in the graph that makes SV unlike any other place on earth. Other places that want to be SV need to solve the cold-start problem to build up their local node set, not emulate what SV is like today. |
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I believe that my comment above was aligned with your premise here. I say that the tax difference is not sufficient by itself and that Canada reportedly has a very non-SV-like venture capital ecosystem.