It really is all about who you know, at least if you're an Ontario startup looking for money. A preliminary study on the role of contact networks in the success of Ontario startups has found that it's better to have a few powerful contacts than a whole lot of inconsequential ones when trying to land financing.
In essence, quality of contacts trumps quantity, according to a study by the Ontario Cross-Border Technology Innovation Ecosystem (OCTIE) initiative based at Ryerson University.
To read the full, original article click on this link: Strong social networks secret to startup funding, study finds
