Being Canadian Might Just be the Best Way to Break into Silicon Valley

There is a PayPal mafia, a Facebook mafia. and a Twitter mafia. They're all powerful networks of entrepreneurs and investors based in Silicon Valley.

Now, there is a “Canadian mafia” emerging. And it's very strong.

Canada - The Land of SaaS?

When Bessemer Venture Partners recently published their map of major cloud players, I was surprised to see so many Canadian companies on there.

Shopify, TribeHR, Unbounce, Clio, Hootsuite, Radian6 and Freshbooks made the list and a few others (like Wave Accounting) probably should have been on there as well.

So why are Canadian companies so much better represented in SaaS than in consumer internet?

I see two main reasons:

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