March 12, 2020
Kristine Di Bacco sat down with #movethedial to discuss being bold and her advice to on how founders can be bold when looking for investment.
The Q&A is republished below. You can read the original piece on #movethedial’s website.
I’m Chair of the firm’s Emerging Technology and Venture Capital Practice—a new group I’ve started and lead. We are a cross-border practice working with startup companies in both Canada and the U.S and both venture capital and strategic investors investing in Canada and the U.S. Over the past year, we have built a team of associates/counsel who are very passionate about this type of work. It’s been really rewarding to see the team come together and develop.
One of my favourite parts of the practice is working with founders. I love being a go-to advisor as they scale their companies and deal with all the ups and downs of building a transformational business. I’m especially passionate about working with female founders and investors. And we’re finally seeing momentum in female-led and co-founded companies, which is so exciting (PitchBook monitors U.S. data on female-founded companies illustrative of the progress that’s being made), although there is still a very long way to go.
Tech has been, and continues to be, critical in the process of transforming lots of different industries. It’s fascinating to see the influence of tech in areas like commerce, fashion/beauty, travel, food—more traditional industries that are being revolutionized by people who’ve spent time working in incumbent or traditional organizations in these sectors and are now applying that expertise to solving problems in their industries through the use of technology.
It’s been a big adjustment but it’s exciting to see all that’s going on in this market, lots of great talent here.
Years ago, people thought that to build a global company it meant moving down to the U.S. I don’t think people think about it that way necessarily anymore: HQing and growing those businesses here in Canada is now commonplace. It’s an especially exciting time to be in tech in Canada. Lots of seeds are being planted in the sector. And there is energy and momentum in this space.
Here are a couple of key points to keep in mind when seeking investment: