[hackerboos]

> I think the biggest problem with Vancouver is that there isn't enough venture capital flowing in.

To be honest the same can be said for London. Despite an abundance of capital available, investors this side of the Atlantic are far more conservative than in the US.

I don't know what it is in the US that makes investors take a punt on risky ventures, in the UK they just don't. If you're not making revenue in 12 months then they don't want to know.

[canekong]

IMHO low interest rate can drive a lot of people to making insane decision up and down the financial food chain. It's essentially "free" money, except the principle has to be paid back.

Much of this has been the seed of the 2008/2009 financial crisis. Funny how crisis in one industry turned out to be a boon for another.