Blog Post

Shopify's IPO Inspires Canadian Startups

Posted in News

Ottawa-based Shopify was last week's big newsmaker: shares rose as much as 69% from the company's initial U.S. offering price. The IPO made the front page of The Globe and Mail, and was the talk of the CVCA conference (which Startupsource was pleased to attend). On the heels of Shopify's success, some venture capitalists believe that other Canadian startups may accelerate their IPO timelines to capitalize on a wave of optimism about the sector.

Not ready to go public yet? Check out our resources on pre-IPO financing timelines and our top tips for raising private capital.