5/29/2023 0 Comments The dapper gooseStartup Genome values the Toronto-Waterloo tech ecosystem at $46 billion, far above the global average of $28.6 billion. The Toronto-Waterloo region plays home to a number of promising and well-funded FinTech startups, from Wealthsimple to Koho, FreshBooks, and Clearco, though some have faced headwinds in recent months as market conditions have shifted. The report dubs Toronto-Waterloo North America’s “third-largest and fastest-growing innovation ecosystem.” Toronto-Waterloo, which is labeled as a single ecosystem by Startup Genome, ranked top-tier in terms of performance, funding, startup experience, focus, and legacy, but more poorly on the knowledge and talent front, according to the report. RELATED: “There’s a storm coming, but we’re on a good boat.” Koho says it’s ready to navigate downturn A variety of BetaKit reporting was also cited in Startup Genome’s research. The report draws on a Startup Genome survey with over 100,000 participants, interviews with over 100 experts, and data from Crunchbase, Dealroom, PitchBook, CB Insights, and local partners, collected between 20. The organization’s latest FinTech report measures ecosystems from 2017 to 2021 on the basis of seven factors: performance, funding, startup experience, knowledge, talent, focus, and legacy. Startup Genome also named Calgary and Montréal as two of the top FinTech ecosystems to watch in North America, ranking Vancouver 10th and Calgary 32nd among ecosystems with a population of under three million.įounded in 2016, Startup Genome is a San Francisco-based policy advisory and research organization focused on measuring startup ecosystem performance. This report comes after Toronto fell from 14th to 17th in Startup Genome’s overall ecosystem rankings. Toronto-Waterloo has jumped five spots since 2020, fuelled in part by increased venture investment.Īccording to Startup Genome, Toronto-Waterloo’s rise was fuelled partly by the increased venture investment it saw last year in both Toronto and Kitchener-Waterloo, including Wealthsimple’s $750 million May 2021 funding round. Of the regions named to the list, Toronto-Waterloo was the third biggest mover, jumping five spots from its 12th-place finish in Startup Genome’s 2020 FinTech report to seventh in the world, behind only Silicon Valley, New York City, London, Singapore, Hong Kong, and Beijing. Startup Genome has published a new report ranking the top ecosystems for FinTech startups in the world, naming Toronto-Waterloo as the only Canadian city or region in its top 20. Maybe you can criticize him for thinking he had no chance to make it and then went for more yardage, but he definitely didn't fail to get out of bounds because he wanted more yardage regardless or wasn't aware of the clock situation.Share on: Twitter LinkedIn Facebook Email I just don't get why there is so much outrage at him not getting out of bounds. To ask him to make it to the sideline and not have the angle advantage is a very tough ask. McKenzie caught the ball at the far hashmark, as he is running towards the opposite hashmark. For instance, a player can't run backwards to get out of bounds. He definitely did not do what he did because he is trying to pad his stats, which I noticed a few fans saying on social media.Īlso, a player must have forward progress to get out of bounds in order for the clock to stop. Even if McKenzie could have made it, he cut up field thinking he couldn't and tried to salvage yardage with hopes there was enough time remaining on the clock for a field goal attempt.
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