\u201cIn the beginning, we were like, \u2018this must be a scam\u2019 because with the way things move in Waterloo and Toronto, it seemed way too fast.\u201d<\/p>\n
Nain Abdi
Colare<\/p>\n
You also don\u2019t have to be an entrepreneur to feel the pull of Silicon Valley: US tech workers are paid 46 percent more on average than their Canadian counterparts.<\/p>\n
Today on The BetaKit Podcast, we speak to one Canadian entrepreneur who has \u2018drained.\u2019 Nain Abdi, co-founder of hardtech hiring platform Colare<\/a>, was recently a third-year University of Waterloo student; on this episode, he shares what brought his company to SF, what\u2019s keeping it there, and what (if anything) could possibly draw him back to Canada.<\/p>\n Nain\u2019s story puts the data in sharp relief. As a member of the cooked generation who has been part of Canadian tech for more than two decades, I must admit it was heartbreaking to hear a young entrepreneur contrast the speed at which he was embraced in the Valley with how he felt treated back in Canada.<\/p>\n At Toronto Tech Week, leaders from Shopify, Wealthsimple, and Cohere told Canadian founders to \u2018just say no<\/a>\u2019 to leaving Canada. Was that message too late?<\/p>\n Let\u2019s dig in.<\/p>\n PRESENTED BY<\/p>\n The BetaKit Podcast is presented by QuickBooks on the Intuit Platform<\/a>: Built to help Canadian businesses work smarter, more efficiently, and make confident decisions.<\/p>\n QuickBooks on the Intuit platform is an all-in-one connected business solution that leverages the power of artificial intelligence and human expertise to simplify how you run and grow your business. From managing cash flow and payroll to delivering personalized, proactive insights leveraging the power of AI agents, QuickBooks helps you spend less time crunching numbers and more time growing your business.<\/p>\n Visit quickbooks.intuit.ca<\/a> to see how Intuit QuickBooks can help you outdo the work.<\/p>\n Recorded and edited by Toronto Podcasts<\/a>. Feature image courtesy Madhur Chadha via Unsplash<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Colare\u2019s Nain Abdi explains why his generation sees the Valley as their \u201claunchpad.\u201d
\u201cValley or Bust.\u201d It…\n","protected":false},"author":2,"featured_media":302659,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,15913,44,4951],"class_list":["post-302658","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ca","tag-canada","tag-hardware","tag-news","tag-saas"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/302658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=302658"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/302658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/302659"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=302658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=302658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=302658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/Logo-300x59.png\" "\\"Intuit"){kind=logo}
<\/p>\n