Earlier this year, Globe and Mail Technology reporter Sean Silcoff wrote that “private is the new public” – in essence, that IPOs and public markets were not the first choice for tech companies looking to exit. Shopify and Lightspeed aside, Canadian tech IPOs were few and far between.
“We called it Canada’s lost tech IPO boom.”
Like most things in 2020, that changed. But why, and why so dramatically?
To try and get an answer, and to give him the opportunity to explain why he was so wrong earlier in the year, we invited Mr. Silcoff on the podcast. While some of this week’s episode might feel like inside baseball, we hope it provides a needed perspective on just how much COVID-19 has impacted the tech sector this year, up and downstream.