We have supported the local tech ecosystem through angel investing since 2014. Many of our portfolio companies have gone on to raise tens of millions of dollars in funding and have scaled significantly. Our investments have made a noticeable impact across the tech ecosystem in Canada.
We angel invest our own after-tax money through Two Small Fish Ventures, a private corporation we set up solely for the purpose of angel investing. We fully expected that the majority of our portfolio companies would fail. For the small percentage that would become successful, liquidity events are expected to be in the five to 10-year timeframe.
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