"BDC is powerful in the sense that it can make or break a fund… And a lot of people are trying to close funds right now."
In 2022, the federal government commissioned a report asking Canada's VCs what they thought about Crown corporation BDC. The report was effectively forgotten, and the feedback was never actioned. Why? What did the report have to say about Canada's largest venture investor? And with Canadian VC in a multi-year lull, is BDC's "steady hand" approach preferred or simply necessary?
BetaKit reporter Madison McLauchlan joins to discuss.
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