The noise about the state of early stage investment (both angel and venture capital financing) is getting deafening here in Canada and in the US. From the entrepreneur’s point of view, there just isn’t enough capital. There never has been, nor will there ever be enough capital to fund everyone’s dream... so someone is always grumpy about the lack of capital. But in times where early stage capital investment has dropped significantly (Early 1990’s, 2002-2003 and the past 9 months) there are many who are grumpy. While I am a fervent believer in the funding cycle continuing (we are currently at the low point) and the investment climate improving over time, there is still cause for worry now, especially in Canada. How much time will pass before things improve?

It may be raining today, but it's about to get hotter again. The weather report? Or the clean technology sector report? The analogy holds true for both. As you have seen on Technically Hip, I like lists. Especially the ones that I get to make.

What gives? Doom and gloom facts about exits for venture backed companies are everywhere. Yet, inbound acquisition offers are popping up for local technology companies. KITN Media, Vancouver-based owner of the Facebook virtual currency service, Super Rewards, was purchased today for a reported $30M USD after being propositioned by AdKnowledge, a social media monetization company from Kansas City, MO. OK, so M&A hasn’t stopped altogether... but if it hasn’t then who gets bought today? Who gets those inbound propositions?