The BetaKit Podcast Channel

"People in Canada are at their wits' end about areas of our economy having a lack of competition and how it impacts their pocketbook." The Competition Bureau is the last line of defence for enforcing competition law in Canada. But our system is designed so that the line keeps moving. Commissioner of Competition Matthew Boswell joins to discuss the tools and powers that would help his Bureau prevent Canada's economy from becoming an endless series of three companies in a trench coat. Sponsored by Palette Skills.

"Something else that's unique about the Calgary ecosystem...we're hungry. We're really, really hungry." James Lochrie (Thin Air Labs) and Brett Colvin (Goodlawyer) join for an Alberta tech vibe check, discussing the recent election, big Q1 2023 funding news, and the value of community building. Sponsored by Palette Skills. Apply now for a transformative 6-week tech sales training program.

"Unfortunately, there's a long history over the last decade that I tend to lean into controversies around any event that we're holding anywhere in the world, especially four weeks out, because the volume of tickets that are booked locally is highest in the final weeks." BetaKit's one-on-one interview with Web Summit CEO Paddy Cosgrave on the eve of Collison 2023 after the tech conference announced a (one-year) return to Toronto for 2024. Sponsored by Goodlawyer, your one-stop-shop for all your corporate, commercial, and IP legal needs.

"They're trying to invent the next product category—that's what they want to do. They want to have some sort of hardware to push into the future. They just haven't convinced me that this really is the future yet." Apple just announced the most impressive—and expensive—AR/VR/MR device ever made. But who is the device for and how will they use it? MobileSyrup editor-in-chief Patrick O'Rourke joins to answer these questions fresh off of strapping Apple's spacial computer to his face. Sponsored by Goodlawyer, your one-stop shop for all your corporate, commercial, and IP legal needs.

Is Collision staying in Toronto (and for how much)? Is Collision coming to Vancouver? Why are Canada's governments paying foreign companies to compete against local events? Are we a branch plant innovation ecosystem? Do we secretly believe we can't do it ourselves? Did Collision ban journalists at The Logic from attending? Is BetaKit filled with 'scumbag journalists?' People across Canada are asking questions about Collision. The answers say a lot about Canadian tech. Sponsored by Goodlawyer, your one-stop shop for all your corporate, commercial, and IP legal needs. Reference links: Mayor Tory's departure, competing bids, and financial pressure on province and feds place Collision's future in Canada in doubt With Collision nearing a one-year Toronto extension, efforts are mounting for a West Coast alternative Good riddance, Collision tech conference and its $40-million ask. Canada can do better Letter from the editor: An update for readers on The Logic and Collision Paddy Cosgrave's invitation tweet

"We are in a time of the worst health care crisis we've seen in Canada. It is really close to a collapse of the system across the country." Brett Belchetz (Maple) and Alexandra Greenhill (Careteam Technologies) join to diagnose the failings of Canada's health care system before offering a prescription. How can innovators help? Can a balance be struck between public and private care? The doctors will see you now. Sponsored by Goodlawyer, your one-stop shop for all your corporate, commercial, and IP legal needs.

"That is a deeply unhealthy way to live and to work and it's ultimately not a successful way to sustain a publication." CANADALAND news editor Jonathan Goldsbie joins to discuss the rampant demise of digital media publications launched in the 2000s and how they compare to the slow death of traditional media. Advice for aspiring young journalists comes mixed with an investigation of the ideal media business model in 2023. Sponsored by Goodlawyer, your one-stop shop for all your corporate, commercial, and IP legal needs.

"This announcement communicated two things: this thing we're getting rid of isn't primary to our mission—it's a side quest, we don't actually care about this; and we have a cultural problem at our company with who we've hired and what they're focused on." Madeline Stone, retail and e-commerce writer for Business Insider, joins to discuss the future of Shopify's "main quest" after cutting staff and selling off its logistics division. Co-hosts Rob & Doug then take over to discuss whether or not Shopify is the victim of Canada's tall poppy syndrome. Sponsored by Goodlawyer, your one-stop shop for all your corporate, commercial, and IP legal needs.

"I don't necessarily know if the government understands what an innovation strategy is." Council of Canadian Innovators (CCI) president Ben Bergen joins to answer listener-submitted questions about: the Canada Innovation Corporation, open banking, SR&ED reform, and why the feds are so behind on so many innovation files. Warning: listening to this podcast could be hazardous to your health while playing any "innovation policy" drinking games. Sponsored by Goodlawyer, your one-stop shop for all your corporate, commercial, and IP legal needs.

"We have industrialized grift in a way that is kind of unprecedented in human history." Canadian YouTuber Dan Olson (Folding Ideas) explains his battle against internet grifts, how his career changed after a viral video on NFTs, why Bill C-11 is a "legislative mess" and the future is a dead mall. Sponsored by Goodlawyer.

"Once Apple showed up, BlackBerry had to do everything right and get on it on the double. And they did everything wrong." "And for whatever reason we thought, oh, there's something to this story that feels funny to us." Losing the Signal co-author Sean Silcoff and BlackBerry producer and co-writer Matthew Miller join to discuss Canada's former tech darling ahead of the forthcoming major motion picture release. Sponsored by Osler, Hoskin & Harcourt LLP. Read the Deal Points Report: Venture Capital Financings.

"The goal here is not that Canada is the largest market for AI in the world—it's never going to be that. But if we make it the most willing to try new solutions, or to work with startups, that's where we might have an opportunity." Clément Bourgogne, Chief Operating Officer at Scale AI, joins to discuss Canada's limitations and opportunities when it comes to AI, and why his organization is more focused on supply chains than generative AI. Sponsored by Osler, Hoskin & Harcourt LLP. Read the Deal Points Report: Venture Capital Financings.

"So this is the big pitch, right? There are all of these problems in the transport system; we are going to invent these new technologies that will solve it." Flavio Volpe (Project Arrow, APMA) and Paris Marx (Road to Nowhere) join for a conversation on electric vehicles (EVs) and what the future of transportation in Canada might look like. Sponsored by Osler, Hoskin and Harcourt LLP. Read the Deal Points Report: Venture Capital Financings.

"Nobody is cheering you on for reaching the top of Everest if you don't make it back down to base camp." Matt Cohen, Managing Partner at Ripple Ventures and host of the Tank Talks podcast, joins to unpack the complicated spot Canadian startups find themselves in. Sponsored by Osler, Hoskin and Harcourt LLP. Read the Deal Points Report: Venture Capital Financings.

"The [Canadian] venture ecosystem is never going to get to the right level of maturity if they constantly rely upon the taxpayer to provide them with the capital." Maverix Private Equity founder and Managing Partner John Ruffolo joins to answer listener questions on the fall of SVB, its impact on the Canadian venture debt market, regulatory capture by new federal bills, and how many VCCIs are too many. Sponsored by Osler, Hoskin and Harcourt LLP. Read the Deal Points Report: Venture Capital Financings.

"We're seeing way more women found new technology companies in the market than we did five years ago. By a magnitude—like three times. It's substantial." Michelle Scarborough, Managing Partner of Thrive Venture Fund, explains the origins of BDC's $500 million commitment to women-led startups and funds, and the progress she's seen since 2017.

"We are in the midst of a new technological payola." Our Lady Peace's Raine Maida and Senator Colin Deacon join for a frank discussion about Big Tech's leverage over Canadian content as Parliament looks to pass new regulations in Bill C-11 and Bill C-18.

"Let's be blunt about it: we as a country are extremely good at invention ... we're horrible at innovation." Dan Breznitz, co-director of the Innovation Policy Lab at the University of Toronto, walks through the reasons for Canada's failure on innovation, the origins of the CIC, and who he thinks should be its first CEO.

"There is a special place in hell for investors who intentionally screw over their founders with no empathy for the journey or the challenges that they are going through." Panache Ventures partner Chris Neumann joins to answer listener questions about his blog writing, the state of Canadian accelerators, and what VCs are talking about. Sponsored by Invest Ottawa.

"This whole thing with ChatGPT is just history replaying itself. We need to stop viewing tech and innovation as a veritable silver bullet for all the world's problems and instead understand that it can actually scale inequities at warp speed." Feminuity co-founder and CEO Dr. Sarah Saska walks through the current relationship between DEI and tech, before tracking the dangers of biased data and bad faith users on generative AI. Sponsored by ventureLAB and Invest Ottawa.

"The deepfake technology that is part of this new rise of generative AI tools I think will have a very deleterious effect on the current state of cyber defences." Plurilock CEO Ian Paterson discusses the economics of AI cyber threats and Canada's response with Bill C-26. Sponsored by ventureLAB and Invest Ottawa.

"We all want AI to do our jobs for us—the boring parts. What we're doing here is making computers more human-like, and sadly, they're getting all the fun jobs. Because those are the jobs that don't have to be perfect." Entrepreneur and author Alistair Croll joins to discuss what will become scarce and what will become abundant in the new economy created by generative AI. Sponsored by International Women's Week.

"It's not like a light comes down from heaven and says 'now you shall stop your company.' But, man, was it very difficult emotionally." Entrepreneur and BetaKit Podcast co-host Rob Kenedi explains the process of launching and eventually shuttering his startup, Staid.

"I honestly feel as though 2023 is going to be one of those years in Canadian tech where companies are going to have to be accountable." Award-winning Amber Mac returns to the award-nominated BetaKit Podcast for the first AMA episode of 2023, answering listener questions about: mass tech layoffs and CEO departures; VCs killing rounds because LPs can't (won't?) pay up; opportunities for tech growth in Atlantic Canada; and the essential 10 minutes talking ChatGPT and 'Next Big Things'. Sponsored by Amazon Web Services.

"What we're dealing with here is something so profound that the changes it's going to bring are not the kind of thing that the government can alter." Generative AI could be a wonderful tool. What will be lost in its wake? Canadian novelist, essayist, and cultural commentator Stephen Marche joins to discuss. Sponsored by AWS.

"When you have a washout like we just had, you're really left with core fundamental value, and that's what people are building now." Satraj Bambra, Partner at Round13's Digital Asset Fund, joins for a wide-ranging discussion on the state of Web3, NFTs, cryptocurrency, the blockchain and...Roblox? Sponsored by AWS.

"The very heart of the bill, and the heart of the law, you wouldn't know what exactly it's applying to." Data governance and AI risk management expert Carole Piovesan joins to discuss the future of AI regulation, privacy, and Bill C-27 before it hits committee. Sponsored by AWS.

"We're at a different place technologically than we were a week ago. Digesting that and figuring out the ramifications I think is a tall order." RBCx's Anthony Mouchantaf (AKA, Tony Dagger) returns one last time in 2022 to help answer listener-submitted questions about: chatGPT, the impact of self-certified investor pilots, work-from-home, and more. Sponsored by AWS.

"FTX and its collapse is just the icing on the shitty cake that has been crypto this year." BetaKit's Meagan Simpson and Josh Scott join to unpack the year in tech and offer a few predictions as to what might come in 2023. Sponsored by AWS.

"There was kind of an 'aha' moment last May. And it triggered a conversation that I believe was really frank on both sides." CVCA CEO Kim Furlong joins to discuss the comments she made in May about the future of VCCI, the potential renewal of that program, selling its value to policymakers, and what Canadian venture will look like in 2023. Sponsored by AWS.

"If this is the environment we're in today, what should we do?" Aleeza Hashmi (Bessemer), Michelle Yu (Georgian), and Laura Lenz (OMERS) join BetaKit senior editor Meagan Simpson for a conversation about why the beginning of 2023 will be just as hard for startups to fundraise in. Recorded live at SAAS NORTH on the BetaKit Keynote Stage. Sponsored by Caravel Law.

"If we take a look at some of the salaries we were seeing, it was probably four engineers and our entire round was gone." Eva Lau (Two Small Fish), Shawn Hewat (Wavy), and Kathleen Chan (Calico) discuss what it was like to raise a seed round in 2021 and what changed in 2022 so founders are ready for 2023. Recorded live at SAAS NORTH on the BetaKit Keynote Stage. Sponsored by Caravel Law.

"There was a bit of ego raising." "I think it has been a disaster." "I read BetaKit for the truth." Canadian tech luminaries try to make sense of a crazy year in this compilation of interviews recorded live at SAAS NORTH. Featuring: Laura Lenz (OMERS Ventures), Leo Lax (L-SPARK), Louis Têtu (Coveo), Ria Bhavnani (Shopify), Peter Housley (Unbounce), Natalie Archibald (Clio), and Sean Silcoff (Globe & Mail). Sponsored by Caravel Law.

"Are we willing to let companies die in Canadian tech?" "Yes." VC Matt Roberts joins for a special episode of the BetaKit Podcast recorded live at SAAS NORTH, answering attendee and speaker questions about the impacts of the current tech downturn, the FTX clustercuss, and Canada's next BlackBerry. Sponsored by Caravel Law.

"If any AI startup comes to you and says, 'we found how to evaluate truth,' you should hold a reasonable doubt. I don't think we're close to this." Ex-Googler and former Element AI co-founder Philippe Beaudoin joins to explain why the internet is broken and pitch his new company, Waverly, which hopes to fix it. We hold his feet to the fire. Sponsored by Caravel Law.

"If Canadian VCs weren't allowed to talk to journalists anonymously, they would never say anything." The BetaKit Podcast's monthly AMA episode answers listener questions about what the future holds for Shopify, Wealthsimple, venture funding, and tech in the 2020s.

"One of the things that's funniest in tech is the complete and utter lack of self-awareness." Comedian and podcaster Alexis Gay joins to share her transition from working in tech to creating content that perfectly articulates the absurdities of working in tech. Sponsored by HardTech, Canada's biggest hardware event, taking place November 9th.

"I think it's hard to beat the optimist out of a VC." The Globe and Mail's Sean Silcoff joins to discuss whether or not the Canadian tech boom is fizzling out. Public policy expert Vass Bednar joins to discuss which Canadian companies are quietly adopting and emulating big-tech strategies to their benefit. Sponsored by HardTech, Canada's biggest hardware event, taking place November 9th.

"There's a direct relationship between the mental health of the entrepreneur and the performance of the company." Econa founder Dr. Michael Freeman returns to discuss how the current tech winter is impacting founder mental health, and how that is impacting company performance. Sponsored by GSoft and SAAS NORTH.

"Essentially, Amazon has failed to make this company profitable. It doesn't make money." Streamer, YouTuber, and Novo CEO Devin Nash joins to explain the myriad ways Amazon's experiment with Twitch is failing to make money or anyone happy. Sponsored by GSoft and SAAS NORTH.

"Half a billion dollars for women in Canadian tech. Pretty cool!" The BetaKit Podcast's monthly AMA episode answers listeners' (tough!) questions about bad news coming from Real Ventures and exciting news coming from BDC, with some Elevate highlights thrown in. Sponsored by SAAS NORTH (use code BETAKIT20 for an early bird discount).

"This is the rise and fall of a company that had hundreds of millions of dollars to play with and nothing left to say about it." Globe and Mail reporter Josh O'Kane joins to discuss his new book, Sideways: The City Google Couldn't Buy, along with BetaKit senior editor Meagan Simpson. Sponsored by SAAS NORTH.

"I'm just concerned about finding tech talent." Nora Jenkins Townson (Bright + Early) and Meagan Simpson (BetaKit) join to explain why over 350 companies are looking to hire Canadian tech talent in the midst of a downturn. Sponsored by Linebox.

"Shopify Pay still uses Stripe and they have some crazy scale." Immad Akhund (CEO, Mercury) and Jon Fry (CEO, Lendflow) join BetaKit's Douglas Soltys onstage to discuss how startups can embed FinTech into their products, increase revenue, and avoid the hidden icebergs. Recorded live at Traction Conference 2022. Sponsored by Linebox and Thinksound.

"Do you really want to get big fast? You take my money, I'm going to poke you in the eye every day going forward." GrowthX CEO and founding partner Andrew Goldner shares how his Valley-founded early-stage VC firm found product-market fit with Canadian accelerators, common misconceptions founders have of the VC business model, and a bunch of go-to-market tips. Sponsored by Thinksound.

"It's not as broken as other things." VanHack CEO Ilya Brotzky joins to explain what's causing the 4-6 month waiting period for Canadian tech companies using the Global Talent Stream, and shares a new petition to get the government to make necessary changes. Sponsored by Thinksound.

"I represent a different community that has different needs." Manzil CEO Mohamad Sawwaf explains the cultural, regulatory, and compliance roadblocks that are slowing him from financially serving more than a million Muslims across Canada. Sponsored by Thinksound.

"This was the moment that you knew the hangover was about to kick in." Tech reporter Isabelle Kirkwood joins to walk us through an ecosystem-by-ecosystem breakdown of Canadian tech venture funding in Q2 2022, how it compares to last year, and what it signals for the rest of the year. Sponsored by Thinksound.

"That's the pull quote. 'Amber Mac: things are crumbling.'" Special guest Amber Mac joins to answer listener questions on the award-nominated BetaKit Podcast. Topics include: Shopify's layoffs, Rogers' revenue resiliency following its second outage in the last year, Canada's digital divide and its impact on remote work, and early-stage fundraising tips. Sponsored by Diuca.

"When we look at companies today, I'm reminded of what it was like - just how bleak it was - in that summer of 2000. You can play through that as an investor and an entrepreneur." Mark McQueen, President & Executive Managing Director - CIBC Innovation Banking, compares 2022 with past downturns to track what's changed and remained constant. Sponsored by Diuca.