A Web3 vibe check with Round13’s Satraj Bambra
Pick your poison, but 2022 was not a great year for digital assets.
layoffs
Properly pivots away from home sale guarantee as real estate market dips
Company attributes shift to “unprecedented volatility in the Canadian housing market.”
R|T: The Retail Times – Shopify targets enterprise retail with new commerce stack
Plus: Amazon plans more layoffs.
S|W: The SaaS Weekly – Salesforce latest Big Tech company to make cuts in Canada
Plus: ApplyBoard swaps CEOs.
H|T: The Healthtech Times – Watson Health up for sale…again
Plus: Amazon’s One Medical deal moves forward.
Glassdoor names Google, Microsoft, Salesforce among best 25 places to work in Canada
Thomson Reuters, Levio, only Canadian tech firms on the list.
GoBolt lays off five percent of staff shortly after $75 million raise, citing worsening consumer demand
With cuts, GoBolt shifts focus away from SMBs to mid-market, enterprise merchants.
Coinsquare moves to terminate CoinSmart acquisition deal
CoinSmart CEO says notice took company “by surprise.”
F|T: The FinTech Times – TikTok plots push into payments
Plus: Vancouver NFT startup acquired by Tokens.com
Canadian startup news of the week (1/8/23)
Plus: BetaKit is hiring.
Shopify launches commerce stack for enterprise retail
Commerce Components will target retailers with billions in sales like Mattel, Staples.
R|T: The Retail Times – Shopify abandons The Well
Plus: Saas-based hotel management platform raises $185 million.
H|T: The Healthtech Times – MasterControl becomes unicorn after $150 million Series A
Plus: Bezos and Gates on the hunt for brain implant breakthrough.
A|I: The AI Times – OpenAI projects $1 billion in revenue in two years
Plus: Cohere hires YouTube CFO as president.