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More than $1 billion in returns from a single portfolio company. Last night’s iconic Iconiq scoop https://t.co/1T1kJcS3iz
🇨🇦💪 "For Canada, this is a new class of technology companies: startups that grew up, bulked up and didn’t sell too soon for too little. Unlike Canadian tech names of the past, they have options and room to run as stand-alone companies." https://t.co/WGFOQUTWPs
Nice to see that Canada has 71 startups with over $100M in revenue https://t.co/B2Mfg5WU3S
Canada is experiencing a significant shift in its technology sector, with 71 startups now boasting over $100 million in revenue. This marks the emergence of a new class of technology companies that have matured without being acquired prematurely. These companies are expected to contribute to a wave of quality initial public offerings (IPOs) in the near future. The potential for substantial returns is highlighted by reports of over $1 billion in returns from a single portfolio company, indicating strong investor interest and confidence in this growing sector.
