Hootsuite’s Ryan Holmes Shares Four Important Funding Tips For Canadian Startups

Douglas Solty:

Hootsuite CEO Ryan Holmes has been quite busy recently. In addition to prepping Canada’s first AngelList Syndicate, and rolling out a guru employee track across the social media management company, Holmes has penned a guest editorial for the Financial Post.

Highlighting the huge funding disparity between U.S. startups and their Canadian counterparts, Holmes lays out in the article a series of financing tips for founders to follow, littered with examples from Hootsuite’s history. We’ve included Holmes’ four important funding-related tips below, with relevant excerpts.

  1. Start lean

  2. Raise based on context

  3. Stay capital efficient

  4. Take equity off the table in later rounds

Handy tips, not just for Canadian Startups.

You can read the BetaKit article from the link above, or you can check out Ryan’s full Financial Post editorial, which contains even more insight here.

Source: http://www.betakit.com/hootsuites-ryan-holmes-shares-four-important-funding-tips-for-canadian-startups/

Ready To Build Awesome Apps?
Get started for free