The Narwhal Project https://narwhalproject.org Scaling Tech Companies Wed, 02 Jun 2021 14:46:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.3 https://narwhalproject.org/wp-content/uploads/2019/06/cropped-Screen-Shot-2019-06-13-at-9.57.57-AM-32x32.png The Narwhal Project https://narwhalproject.org 32 32 32494336 What would you do if you lived in Buffalo? https://narwhalproject.org/entrepreneurship/what-would-you-do-if-you-lived-in-buffalo/ https://narwhalproject.org/entrepreneurship/what-would-you-do-if-you-lived-in-buffalo/#respond Wed, 02 Jun 2021 14:44:55 +0000 https://narwhalproject.org/?p=6908 I was searching the other day for a list of incubators and accelerators in the US that specialize in digital health. I was surprised to find how many specialize in that one sector. You can see a list of them here. The list isn’t the point though, it’s what I realized in looking at the […]

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]]> https://narwhalproject.org/entrepreneurship/what-would-you-do-if-you-lived-in-buffalo/feed/ 0 6908 The Catch 22 of Canadian Seed Funding https://narwhalproject.org/entrepreneurship/the-catch-22-of-canadian-seed-funding/ https://narwhalproject.org/entrepreneurship/the-catch-22-of-canadian-seed-funding/#respond Tue, 18 May 2021 18:41:39 +0000 https://narwhalproject.org/?p=6903 I heard from an entrepreneur I know that a very prominent institutional investor turned down their request for Seed Round funding because the company is pre-revenue. There is no way this company can get to revenue without a reasonably large amount of funding and it made me realize that this is the Catch 22 of […]

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]]> https://narwhalproject.org/entrepreneurship/the-catch-22-of-canadian-seed-funding/feed/ 0 6903 The Surprising Way Initial Funding Drives Success https://narwhalproject.org/entrepreneurship/the-surprising-way-initial-funding-drives-success/ https://narwhalproject.org/entrepreneurship/the-surprising-way-initial-funding-drives-success/#respond Tue, 11 May 2021 15:08:19 +0000 https://narwhalproject.org/?p=6889 A number of years ago I had one of those AhHa! moments that one has when one is fiddling around doing research. Basically, I discovered the surprising way initial funding drives success. I was playing around with Crunchbase, looking at the 2,429 healthcare and computer technology businesses launched in 2008 in Canada, the US, the […]

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]]> https://narwhalproject.org/entrepreneurship/the-surprising-way-initial-funding-drives-success/feed/ 0 6889 How Much Seed Capital Should You Raise? https://narwhalproject.org/entrepreneurship/how-much-seed-capital-should-you-raise/ https://narwhalproject.org/entrepreneurship/how-much-seed-capital-should-you-raise/#comments Wed, 05 May 2021 15:05:50 +0000 https://narwhalproject.org/?p=6874 We were sitting on one of those lovely Zoom calls the other day at The Happenin Company, debating about how much seed capital we should raise. Of course the simple answer is raise as much money as you need to get to a Series A round in 18 to 24 months. But it helps to […]

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]]> https://narwhalproject.org/entrepreneurship/how-much-seed-capital-should-you-raise/feed/ 4 6874 The Narwhal List 2021 https://narwhalproject.org/entrepreneurship/the-narwhal-list-2021/ https://narwhalproject.org/entrepreneurship/the-narwhal-list-2021/#respond Tue, 30 Mar 2021 20:11:00 +0000 https://narwhalproject.org/?p=6866 We finally got around to launching the Narwhal List 2021. 2020 was another remarkable year for Canadian Narwhals. In particular, four companies from last year’s list went public. (Nuvei, Chinook Therapeutics, Repare Therapeutics, and Fusion Pharmaceuticals.) Five were sold (Element AI, Verafin, North, Fiix, and Northern Biologics.) Of particular note, Verafin, a 17 year old […]

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]]> https://narwhalproject.org/entrepreneurship/the-narwhal-list-2021/feed/ 0 6866 A New Understanding of Intellectual Property https://narwhalproject.org/innovation-2/a-new-understanding-of-intellectual-property/ https://narwhalproject.org/innovation-2/a-new-understanding-of-intellectual-property/#respond Mon, 30 Nov 2020 20:51:00 +0000 https://narwhalproject.org/?p=6862 Technology, government and university leaders need a new understanding of intellectual property. It’s no longer enough to think of Technical IP in isolation. To succeed today, we need to take a broader view in which Marketing IP and Process IP are recognized as intellectual property and, along with Technical IP, are equally valued and integrated […]

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]]> https://narwhalproject.org/innovation-2/a-new-understanding-of-intellectual-property/feed/ 0 6862 Scaling up in a Recession https://narwhalproject.org/entrepreneurship/scaling-up-in-a-recession/ https://narwhalproject.org/entrepreneurship/scaling-up-in-a-recession/#respond Sat, 30 May 2020 19:44:00 +0000 https://narwhalproject.org/?p=6859 Are you wondering about what to do about scaling up in a recession? We are now nearly two months into a combined health and economic crisis. Many companies will have had a chance to address cash flow and strategic issues. Are you ready to examine your cash flow and strategic issues? Do you need a […]

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]]> https://narwhalproject.org/entrepreneurship/scaling-up-in-a-recession/feed/ 0 6859 Innovation Spending in a Recession https://narwhalproject.org/innovation-2/innovation-spending-in-a-recession/ https://narwhalproject.org/innovation-2/innovation-spending-in-a-recession/#respond Thu, 30 Apr 2020 19:36:00 +0000 https://narwhalproject.org/?p=6853 Recent recessions in 2001 and 2008 can give us valuable insight into what we should do to optimize the results from innovation spending in a recession. There is a pattern to what successful firms have done in past recessions and it is as follows: Successful firms maintained profits or limited losses by reducing expenses in […]

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]]> https://narwhalproject.org/innovation-2/innovation-spending-in-a-recession/feed/ 0 6853 The Narwhal List 2020 https://narwhalproject.org/entrepreneurship/the-narwhal-list-2020/ https://narwhalproject.org/entrepreneurship/the-narwhal-list-2020/#respond Thu, 30 Jan 2020 20:25:00 +0000 https://narwhalproject.org/?p=6847 The Narwhal List 2020 – 2019 was another remarkable year for Canadian Narwhals. In particular, there were 9 financings of Narwhals that exceeded $100 million (all amounts in $US). Two of these financings were in healthtech and 7 in computer technology. Of particular note were deals that provided $388 million to Verafin in St John’s, […]

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]]> https://narwhalproject.org/entrepreneurship/the-narwhal-list-2020/feed/ 0 6847 The Myth of a Better Mousetrap https://narwhalproject.org/entrepreneurship/the-myth-of-a-better-mousetrap/ https://narwhalproject.org/entrepreneurship/the-myth-of-a-better-mousetrap/#comments Wed, 30 Oct 2019 19:22:54 +0000 https://narwhalproject.org/?p=6510 The post The Myth of a Better Mousetrap appeared first on The Narwhal Project.

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