A few weeks ago Techvibes
noted that Yaletown Ventures
partner Steve Hnatiuk had been photoshopped off of the Vancouver-based seed fund's website. Yaletown, which has been know to make seed investments in Ontario green tech companies (6N Silicon), is one of the few seed funds to raise money from LPs (including a recently announced $14 million commitment from Alberta's Enterprise Corporation). PE Hub
now confirms that Steve has left to pursue other opportunities in the Canadian VC market, which will be announced in the fall.
Why do you care? If you are an entrepreneur, angel or advisor anywhere but Silicon Valley, it's important to know where the experienced investors are, if only to hide the single malt before they show up at a party. Funds generally follow experience. Stay tuned.