[adfm]

Is it politically motivated or does it have to do with Canadian tech not requiring investment because of its stability?

[alephnerd]

I can't speak for YC, but legal overhead is an operational pain.

It's safe to assume YC will continue to fund Canadian founders, but they'll now require them to incorporate in Delaware, Singapore, or the Cayman Islands - none of which is significantly difficult for a founder. You could literally make a US Corp via Firstbase in a couple of minutes [0]

[0] - https://www.firstbase.io/partnership/y-combinator

[Onavo]

Is it even possible to get a stripe account as a Cayman entity?

[buckle8017]

Shopify is basically the only really successful Canadian start-up.

It's very hard to run a very small business here.

[JimmaDaRustla]

What an ignorant thing to say. Clio? Wealthsimple? 1Password? Hootsuite? Lightspeed? Ecobee? SkipTheDishes? Those are just off the top of my head.

And what's this about running a small business? I run one, no issues here. Couple employees, file my taxes...nothing special about running a business.

[TMWNN]

>Shopify is basically the only really successful Canadian start-up.

I've heard that Shopify is by itself 10% of all Canadian tech jobs paying >$100K.

[cowpig]

> It's very hard to run a very small business here.

What do you find makes it hard to run a small business in Canada?

[PacificSpecific]

Isn't slack and Flickr Canadian?

[steve_adams_86]

It's actually remarkable how difficult it's made. My only experience is here in BC. In a couple of years I've learned that it's practically punitive, and you have to want to do it really badly. The risk to reward ration is abysmal. I only continue because it's more of a passion project than an economically viable, sensible project. It could become one eventually, but my god, I'd hate to be doing this without a full time job to depend on.

[Johnny_Bonk]

I would bet it's politically motivated, YC strikes me as money at all costs, and very dismissive of the techno feudalism they help support