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The trouble with venture capitalby Brad Cherniak

There have been plenty of stories in the press in recent months quoting well-respected industry leaders and practitioners prescribing fixes for the undeniably parched and struggling Canadian venture capital industry.

For the most part, these prescriptions involve finding additional sources of capital to buttress dwindling investment volumes. Inevitably, one of the key sources suggested is government. To be fair, few are asking directly for a bailout, but still there are variations on the theme that are equally harmful to the long-term prospects of the industry.