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There is definitely a lot of talent in Vancouver, though many of the people I know have their eyes set on SV/the U.S. Investors here are very hesitant to open up their wallet (much like areas like Australia). Some big companies have development located here, but I would not say the startup scene is very big at all.

There are accelerators like GrowLab (since 2011), but nothing like the valley. I definitely agree with the overall premise of the article though, people here see a lot of the "money-throwing" over in the valley and feel it's often way overblown/hyped.



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