It’s time to roll out my ten predictions for the Canadian technology ecosystem for 2018. As with past predictions, I will review them in a year’s time to see how I did. Hopefully, I can beat my 5 out of 10 score for 2017.
1(a) Canada’s technology ecosystem will continue to thrive, but
1(b) overall VC investment will decline,
1(c) U.S. and global investment in the IT sector will decline, and
1(d) there’ll be fewer large (greater than $40 million) rounds.
As we saw for 2017, Canadian venture capital investment was about equal to that of 2016, with a decline in early-stage investment made up for with a larger number of rounds in later-stage companies, much of it coming from U.S. investors and global corporations.
Image: https://www.pehub.com
