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RIM cofounder Lazaridis has invested a large fortune to raise the tech profile of his hometown. | Photo by Christopher Wahl

RIM cofounder Mike Lazaridis has spent more than $250 million to establish a new tech hub in . . . Waterloo, Ontario?

Mike Lazaridis will admit that Waterloo, Ontario, is not often confused with Silicon Valley. It has no ocean beaches nearby. It has fewer Teslas and private jets. It gets substantial amounts of snow, and people there talk more about hockey than angel investors. Above all, Waterloo, located roughly 70 miles west of Toronto, is not a place that comes to mind when you mull the future of technology.

To read the original article: RIM's Mike Lazaridis Takes A Quantum Leap Of Faith In Waterloo | Fast Company