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The Conveyor — How US Capital Recruits Canadian Founders | Barn Ventures

barnvc.com · 2,490 words · saved by 1 readers

The pipeline that pulls Canadian founders south, and the 517 US companies it has already produced.

A year ago I wrote that Canada produces incredible founders and loses the best of them before a local VC ever sees them, pulled south by US firms offering better capital, networks, and belonging. A year on, with better data, it’s worth revisiting — because the numbers let me show the machine far more precisely this time: how it works, who it takes, and what it has already built. When a Canadian founder builds a giant company in the US, that’s a Canadian win. Claim it. They’re proof of what Canada produces, building at the highest level. They just went south to do it. It isn’t a failure.…

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