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Top Stories of the Week
How chasing $30 million from Sequoia Capital cost Achievers’ Razor Suleman millions at exit(BETAKIT)
“If Sequoia gives you $30 million, you will be validated. They’ll want to write a book about you.”
“Our superpower is understanding the seed stage, and everything you need to accomplish to get to the next layer.”
In February 2018, Salesforce said that it wanted to commit $2 billion to growing its business in Canada.
The 416,000 square foot tech hub is expected to open in 2022.
Dash MD receives $250,000 to build Waterloo Wellington LHIN custom app (Read here)
MindBridge AI raises $8.4 million Series A (Read here)
Certn raises $975,000 to use AI for background checks (Read here)
BenchSci raises $10 million Series A for antibody search engine (Read here)
Hockeystick launches database tracking Canada’s startup ecosystem (Read here)
Q1’s $1.28 billion funding amount is the largest seen since CB Insights began collecting MoneyTree data in 2012.
A term sheet doesn’t cover the behavioral norms that you should expect from a 10-plus year relationship with a VC.