Why Y Combinator cut Canada out

"It's important for the success of Y Combinator to see people investing at a very, very early stage. And if it means, to keep them happy so that they're investing in YC companies, they will do what it takes."

Globally recognized tech accelerator Y Combinator will no longer directly invest in Canadian-domiciled startups. Is the change a huge blow to Canada, a big nothingburger, politically motivated, or perhaps simply "formalizing what's inevitable?"

Maverix Private Equity founder and managing partner John Ruffolo joins to discuss fuzzy data, "bullshit" narratives, and the real problems hampering Canadian tech.

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