Assessing the debris of the debacle – longtime co-CEOs swept aside, stock price in shambles, failed PlayBook launch and customer confidence rocked by service outages – it’s easy to forget this fallen giant was once a Canadian IT startup.

While founder Mike Lazaridis and his former co-CEO Jim Balsillie took heat for occupying the top jobs at RIM for far too long (27 and 19 years respectively), today’s startup founders seem to be hanging up their entrepreneur’s hats way earlier.  There are no outlets that officially track tech startup M&A deals. But according to an unofficial count by Techvibes, there were 35 Canadian in 2011, up from 27 in 2010.

Why are so many Canadian tech startups cashing in their chips early instead of soldiering on to grow and develop their companies into the next RIM (pre-meltdown, of course)?



Blackberry 8800 8820 charger port “GORDON’S ALIIVVEEEEEE????!!!” A Plea for a Brian Blessed GPS

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