Venture Capital

Home-Grown Private Equity/Venture Capital?

Home-Grown Private Equity/Venture Capital?

March 9, 2022 at 12:46 pm

Once again, big thanks to a spectator for alerting me to the newly launched Cape Breton Capital Group website and for their useful comments and questions about this operation, some of which I will reproduce here today, being careful to give credit where credit is due. The Cape Breton CapitalRead More

Q3 2021: Extensions, Elections and Unicorns

Q3 2021: Extensions, Elections and Unicorns

December 15, 2021 at 11:52 am

My summer coverage focused on the August provincial election, although I also found time to read Barry Sheehy’s thoughts on ports and Martin Chernin’s case for extending his waterfront development contract (not exactly beach reading, but not entirely devoid of entertainment value either). September found me looking into the problemRead More

Q4 2021: Contracts, Cruise and Cabot

Q4 2021: Contracts, Cruise and Cabot

December 15, 2021 at 11:51 am

The last three months of 2021 found me, as always, following CBRM happenings — particularly around waterfront development and cruise news — but also looking further afield at stories with local angles or implications. In particular, I got interested in how some Saint Lucians were responding to the arrival ofRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

December 10, 2021 at 10:25 am

Hey, ladies In this week’s Innovacorp article, I referenced an event sponsored by the corporation in 2013 — an evening with a character by the name of Geoff Lewis. Here’s the breathless description of the festivities from the Innovacorp website: On May 30, 2013, Geoff Lewis commandeered the atrium atRead More

An Innovacorp Case Study

An Innovacorp Case Study

December 8, 2021 at 11:49 am

I’m going to keep picking away at the list of companies in which Innovacorp has invested to find out what happened to each of them, but I thought this week I’d show you how unnecessarily difficult this can be in some cases. My example is the first company in theRead...

Innovacorp: Which Way Out?

Innovacorp: Which Way Out?

December 1, 2021 at 1:14 pm

This week, I thought I’d give myself a bit of a break, research-wise, by focusing on Innovacorp’s exits between 2011-2012 and 2020-2021. If you’re wondering why I keep choosing that timeframe, it’s basically, as I should have explained earlier, because Innovacorp did. The agency, which was founded in 1995, changedRead...

Innovacorp’s Gender Gap

Innovacorp’s Gender Gap

November 24, 2021 at 12:47 pm

Last week, as I was entering data on Innovacorp’s investments from 2011 to the present into a table, I was struck by the imbalance between men and women in the “people” section. This is a tricky subject for me. I’m no fan of the government gambling public money on ventureRead...

Innovacorp: Fun With Numbers

Innovacorp: Fun With Numbers

November 17, 2021 at 1:34 pm

Looking into Innovacorp’s “unicorn” investment earlier this year got me to wondering how many successful exits our provincial venture capital fund has managed over the years compared to the number and value of its investments, so I submitted an access-to-information request asking for a list of its investments since 2011.Read...

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

November 4, 2021 at 9:29 am

Munger Games Everywhere I look these days I see vanity projects — from billionaires propelling themselves into almost-space to local businesswomen producing 13-episode podcasts — but the story of Warren Buffet’s partner designing a dorm for the University of California at Santa Barbara (UCSB) takes the proverbial vanity cake. AccordingRead More

In Other Innovacorp News…

In Other Innovacorp News…

September 29, 2021 at 1:10 pm

Tim Bousquet of the Halifax Examiner has been making the point that the $104 million Innovacorp made on its META exit could be used to fund affordable housing in Nova Scotia. He even did the math: For the record, $104 million would pay for 80 apartments at $1,000/month rent forRead More