Brandon Donnelly
Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.
Brandon Donnelly
Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.
I just got my tickets for NXT City Night, happening Thursday, September 24, 2015 at 6:30pm here in downtown Toronto.
If you’re not familiar with NXT City Prize, it’s an annual urban design competition where young Canadians (35 years of age or younger) submit ideas to improve the built environment. The top submissions win a total of $9,000 in prize money and the winning idea gets paired up with the City of Toronto work on actually implementing it. That’s the best part.
The 2015 finalists have already been announced, here, but the top submissions will be announced at NXT City Night. The Chief Planner of Toronto, Jennifer Keesmaat, will be there, along with the competition’s very impressive jury.
I think it’s important to keep in mind that a lot of what makes cities great often happens through citizen-led grassroots movements.
The High Line in New York – which today attracts over 5 million visitors a year and is believed to be responsible for over $2.2 billion in new economic activity – was really the work of 2 friends who thought that preserving and repurposing the High Line was a cool idea. Which is why in 1999 they founded a non-profit called Friends of the High line. Amazing things happen when people and passion get involved.
So I would encourage you to grab a ticket and join me at NXT City Night next week. Tickets are $25, but if you use the coupon code ATHISCITY, you’ll get $5 off your ticket :)
The event is also taking place in a spectacular old warehouse building at 56 Maud Street (formerly St. Andrew’s Market Hall). That alone is reason enough to come. I’ve been inside before. Get your Instagram ready. But if that’s not enough, there’s also:
Open bar including Steam Whistle beer and Pillitteri Estate wine
Catering from Oyster Boy, Kanpai Snack Bar, Thoroughbred and many more
Art installations by Wayward Collective
Beats by Jesse Futerman and A Digital Needle
Local wares from GetFresh, Shopify, Spacing Store and Swipe
I hope to see you there. Make sure to tweet at me if you’ll be there so we can connect in person.
The Globe and Mail published an interesting article this evening looking at the 21 largest venture capital investments in Canadian tech over the last 18 months. It’s called: Who needs Silicon Valley? Canadian startups scoring bigger deals.
To put things into perspective, total venture dollars invested in Canada last year (2014) was around $1.9 billion. In the US, that number is estimated to be somewhere around $48 billion. So there’s a big spread here. But the Globe is arguing that there’s a shift towards medium-sized Canadian tech companies raising larger and larger rounds.
Here are the top 21 largest venture capital investments made in Canada over the last 18 months:
At the same time, there’s also an attitude change that seems to be taking place. Confidence is growing. Here’s a quote from Mike McDerment of Freshbooks from the same article:
“Our goal is to be an anchor tenant in Toronto. At Freshbooks, we want to build a global company that really contributes in some meaningful way to the city,” Mr. McDerment said. He touts the local schools and talent pool and downplays the Valley’s head start.
“The money is shameless – it’ll just go wherever. It wants the opportunities,” Mr. McDerment said. “I don’t see why Toronto can’t beat Silicon Valley.”
All of this is important because the medium-sized companies of today will hopefully become the large-sized companies of tomorrow. And that’s what you need to build a thriving startup hub. You need big successes. You need those companies going public and generating wealth for their employees and communities.
Thankfully, that seems to be where we’re headed. The first company on the list above – Shopify – is already preparing for a dual US-Canada IPO.
I just got my tickets for NXT City Night, happening Thursday, September 24, 2015 at 6:30pm here in downtown Toronto.
If you’re not familiar with NXT City Prize, it’s an annual urban design competition where young Canadians (35 years of age or younger) submit ideas to improve the built environment. The top submissions win a total of $9,000 in prize money and the winning idea gets paired up with the City of Toronto work on actually implementing it. That’s the best part.
The 2015 finalists have already been announced, here, but the top submissions will be announced at NXT City Night. The Chief Planner of Toronto, Jennifer Keesmaat, will be there, along with the competition’s very impressive jury.
I think it’s important to keep in mind that a lot of what makes cities great often happens through citizen-led grassroots movements.
The High Line in New York – which today attracts over 5 million visitors a year and is believed to be responsible for over $2.2 billion in new economic activity – was really the work of 2 friends who thought that preserving and repurposing the High Line was a cool idea. Which is why in 1999 they founded a non-profit called Friends of the High line. Amazing things happen when people and passion get involved.
So I would encourage you to grab a ticket and join me at NXT City Night next week. Tickets are $25, but if you use the coupon code ATHISCITY, you’ll get $5 off your ticket :)
The event is also taking place in a spectacular old warehouse building at 56 Maud Street (formerly St. Andrew’s Market Hall). That alone is reason enough to come. I’ve been inside before. Get your Instagram ready. But if that’s not enough, there’s also:
Open bar including Steam Whistle beer and Pillitteri Estate wine
Catering from Oyster Boy, Kanpai Snack Bar, Thoroughbred and many more
Art installations by Wayward Collective
Beats by Jesse Futerman and A Digital Needle
Local wares from GetFresh, Shopify, Spacing Store and Swipe
I hope to see you there. Make sure to tweet at me if you’ll be there so we can connect in person.
The Globe and Mail published an interesting article this evening looking at the 21 largest venture capital investments in Canadian tech over the last 18 months. It’s called: Who needs Silicon Valley? Canadian startups scoring bigger deals.
To put things into perspective, total venture dollars invested in Canada last year (2014) was around $1.9 billion. In the US, that number is estimated to be somewhere around $48 billion. So there’s a big spread here. But the Globe is arguing that there’s a shift towards medium-sized Canadian tech companies raising larger and larger rounds.
Here are the top 21 largest venture capital investments made in Canada over the last 18 months:
At the same time, there’s also an attitude change that seems to be taking place. Confidence is growing. Here’s a quote from Mike McDerment of Freshbooks from the same article:
“Our goal is to be an anchor tenant in Toronto. At Freshbooks, we want to build a global company that really contributes in some meaningful way to the city,” Mr. McDerment said. He touts the local schools and talent pool and downplays the Valley’s head start.
“The money is shameless – it’ll just go wherever. It wants the opportunities,” Mr. McDerment said. “I don’t see why Toronto can’t beat Silicon Valley.”
All of this is important because the medium-sized companies of today will hopefully become the large-sized companies of tomorrow. And that’s what you need to build a thriving startup hub. You need big successes. You need those companies going public and generating wealth for their employees and communities.
Thankfully, that seems to be where we’re headed. The first company on the list above – Shopify – is already preparing for a dual US-Canada IPO.
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