Sometimes the startup story in Canada appears the same, too. Plucky company becomes a category leader in a giant emerging market, attracts Tier 1 US VC money, and then....the company moves south. Or east to Boston. The executive team, and sales and marketing are run out of its new US office, leaving its Canadian home reduced to a r&d office.
I thought we'd move past the attractions of this growth model, but now comes the story of iUpload. Having raised $7M from Boston VCs Greylock and Northbridge this spring, iUpload has announced that it is moving its 19 person office to Waltham MA. Good luck, troops. But remember: Dunkin Donuts isn't Tim Hortons. The coffee's not as good and the donuts come with scary icing that might be carcinogenic.