YCombinator No Longer Invests in Canadian Startups
I know there are a few people based in Canada and interested in startups on here, I saw this news today.
Very interesting, I wonder why they did this - does Canada have strict business/startup laws and regulations?
I read the workaround is to just register and incorporate within the US, which isn't complicated but is probably just more cost-prohibitive and annoying for people in Canada.
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Stumbled upon this yesterday. As a Canadian planning to create a startup myself, this is very disappointing! I don't want to have my finances managed in the USA!
In Canada, starting a business costs money, to get registration, and be licensed. There's also a lot of paperwork and taxwork involved which is why I can see the reason why they stopped investing in startups here.
Interesting. Not sure if you have thought about this yet - I'm just curious - are you planning on going to college, and if so, which major would you pick to supplement your entrepreneurial side?
Just curious what you'd pick haha