Tag: liquidity
Posted in General
CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm
Longer-term impact of SVB fallout has some in Canadian tech worried. While Kim Furlong admits that actions taken by regulators appear to have assuaged…
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Canadian tech calls on feds to inject more liquidity into sector over concerns of SVB-caused “full-blown crisis”
Letter asks Government of Canada to extend bridge financing program, guarantee secured loans on SVB deposits. As the Canadian tech sector contends with the…
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Investor liquidity issues are putting the squeeze on Canadian startups
In the worst tech downturn in more than a decade, some LPs aren’t honouring capital calls from Canadian VCs. It’s killing deals. Last week,…
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Ontario Teachers-backed FTX plans sale to competitor Binance following liquidity crunch
Ontario Teachers isn’t the only Canadian pension fund to be burned by a bad crypto investment. The Ontario Teachers Pension Plan (Ontario Teachers) bet…
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Legible sees more execs depart in restructuring as company eyes private placement for liquidity
In recent weeks, Legible has laid off 23 employees and lost its CTO, CFO, CRO, and CPO. Less than two weeks after laying off…