60% of FBFund Phase 2 Winners are Canadians!

Yes, this is a repost from our corporate blog... why? Because I'm lazy, and just stepped off a 12 hour flight from Asia. To top of all off, I need time to reflect on how kick ass it is that we just got a $250K grant from Facebook to further Kontagent's cause with the little sleep I'm going to have tonight. So there. =P

Here's the Lazy-Al re-post:

Congrats to all the winners , and a big thanks to all those that have blogged about the announcement!

This was a result of a ton of hard work from the entire team, and its been a fun process getting here. Thank you for all those that voted, Cat and Julia from the FBfund team, and the judges from the surprisingly enjoyable due diligence discussions from the partners at Accel and FounderFund.

An interesting tid-bit: did you know that the 3 out of the final 5 winners out of the 25 finalists are Canadian (including me and Jeff - both Canucks!).

Go Canada! =)

My Friend Jared Kim: A Real Whiz Kid (vs. Yours Truly, now an just a Big Kid)

My good friend Jared (19 year old serial entreprenur... a true "whiz kid") just announced publicly that he's raised $3M for his Series-A financing round in San Francisco, lead by True Ventures today.

So, why doesn't this happen in Canada?

The article, about Canada's "Venture Gap" in this month's Canadian Business magazine (which coincidentally just came online today) may shed some light on the situation (hint: one of many things would be: further support university/youth entrepreneurship, and take bolder risks in business to consumer venture opportunities.)