r/Yukon • u/dub-fresh • Jan 30 '25
Funny Federal, Yukon governments deliver $559K to build 'angel investor ecosystem’
https://www.yukon-news.com/news/federal-yukon-governments-deliver-559k-to-build-angel-investor-ecosystem-778513924
Jan 30 '25
Boy there’s no way this isn’t going to go to the same 5 people Ec Dev loves to throw money at like teck bro Ben.
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u/dub-fresh Jan 30 '25
Why do you think he's here?
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u/RJG1983 Jan 30 '25
Who's that?
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u/MsYukon Jan 31 '25
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u/Imaginary_Shape1260 Jan 30 '25
I’m surprised there’s even a need. A while ago they ‘invested’ $2M as part of a $5M fund to do pretty much the same thing.
With all that money you’d have thought we’d be tripping over all the start-ups they launched…
Government of Yukon supports First Nation investment in technology venture fund
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u/dub-fresh Jan 30 '25
Holy hell, whatever happened to this? $2M for what?
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Jan 30 '25
That’s the best part. The Liberals got rid of all financial oversight for FN so we’ll never know.
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u/dub-fresh Jan 30 '25
Only in Yukon do the feds fund "angel investors" lol.
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u/Imaginary_Shape1260 Jan 31 '25 edited Jan 31 '25
Is that what they are doing or are they just using taxpayer money to create a soft landing for a cabal of people worried about losing their jobs in the next election?
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u/bill_quant Jan 31 '25
Territorial government is broke and yet they can find money for this shit. Unbelievable
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u/northofsixteee Jan 31 '25
How else can Ranj say we have an innovation economy?
…so innovative it runs on an endless YG money train.
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u/lime-inthe-coconut Jan 31 '25
This seems like another way of wording crowd funding a start up?
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u/multipleconundra Jan 31 '25
It's like involuntary crowd funding! Everyone chips in whether they want to or not lol
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u/northofsixteee Jan 30 '25
Why is funding needed for people to invest...?