Mark MacLeodFounder, Limitless.ceo · The Startup CEO Coach | Helping ambitious CEOs & founders scale world-changing companies without sacrificing their health, happiness, purpose, or humanity

No investment funds for consumer goods companies, Nicholas Reichenbach CEO at Flow Mineral

7 Sept 2024 · 1 min

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0:43

Short clip from a YouTube interview (uploaded/created by Mark MacLeod) featuring Nicholas Reichenbach (CEO at Flow Mineral) discussing difficulties for Canadian entrepreneurs raising capital for consumer goods companies — he states there is little private equity or venture capital for consumer consumer-facing products in Canada and estimates investment is about "20 times less" per capita than in the U.S.

Questions this video answers

Nicholas Reichenbach, CEO at Flow Mineral.

"About 20 times less" per capita in Canada (speaker's estimate).

Chapters

I feel so bad for every entrepreneur that has to go through the pain of starting a company in Canada because it's so difficult and the investment community is just not there. So it's like you got to beg, borrow, and steal from your family, friends, and everyone around you to actually just get something done. And then even when you get something done, when you need more money private. There's no private equity for consumer stuff. There's no venture capital for consumer stuff. There's stuff for tech like you did for years, you know, and. And it's still not, like, remotely. I think it's 20 times less than the US per capita.