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Because the valuations you would get headquartered in Silicon Valley seem to be far higher than you would get elsewhere.

I've built up a (profitable) tech startup in Canada in the last few years, and get valuations in the range of 20 times earnings or 2 times revenue. Respectable compared to the S&P 500, but laughable compared to what seems to be the norm in the valley (or at least what seems to be the norm based on what I read here)

Not that i'm complaining, i love canada, but something to consider.



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