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Shopify helps customers build online shops, but it s minting tech founders and investors, too – TechCrunch

Shopify helps customers build online shops, but it’s minting tech founders and investors, too Last month, Jean-Michel Lemieux, the chief technology officer of Shopify, and the company’s chief talent officer, Brittany Forsyth, both announced that they are stepping down from their roles. Chief legal officer Joe Frasca is also set to step down, with all three ending their tenures next month. In their next chapters, all seem keen to advise, invest in or even launch startups, joining a growing number of former Shopify executives and employees to do the same. For an enterprise of Shopify’s size the 15-year-old, 7,000-person, Ottawa-based outfit boasts a $130 billion market cap that’s not a surprise. Still, because of the vast wealth that Shopify has helped create, and its focus on sustainability among other things it invests $5 million per year in startups that fight climate change and publishes annual sustainability reports its former employees look to have an impact

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Snack, a Tinder meets TikTok dating app, opens to Gen Z investors – TechCrunch

Snack, a ‘Tinder meets TikTok’ dating app, opens to Gen Z investors Snack, a video-first mobile dating app designed with a younger generation in mind, is opening itself up to Gen Z investors. The startup today announced the launch of its own Gen Z Syndicate on AngelList, which will allow Gen Z community members, influencers, creators and others to participate in the company’s upcoming $2 million SAFE, alongside other funds and angel investors. The company in February announced $3.5 million in seed funding for its modern, TikTok-style dating app, where users post videos to a feed which others then like in order to be matched. Snack believes videos allow users to better showcase their interests and lifestyle, as well as show off their personalities in ways static photos cannot. When two people like each other’s videos, they’re invited to direct message one another.

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Heirlume raises $1 38M to remove the barriers of trademark registration for small businesses – TechCrunch

Heirlume raises $1.38M to remove the barriers of trademark registration for small businesses Platforms like Shopify, Stripe and WordPress have done a lot to make essential business-building tools like running storefronts, accepting payments and building websites accessible to businesses with even the most modest budgets. But some very key aspects of setting up a company remain expensive, time-consuming affairs that can be cost-prohibitive for small businesses but that, if ignored, can result in the failure of a business before it even really gets started. Trademark registration is one such concern, and Toronto-based startup Heirlume just raised $1.7 million CAD (~$1.38 million) to address the problem with a machine-powered trademark registration platform that turns the process into a self-serve affair that won’t break the budget. Its AI-based trademark search will flag if terms might run afoul of existing trademarks in the U.S. and Canada, even when official government trad

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Today in funding: Cape Privacy, Plooto, Lumeto, ReelData, Heirlume, Axya

Today in funding: Cape Privacy, Plooto, Lumeto, ReelData, Heirlume, Axya
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Dear Canadian founders, your time is now!

Dear Canadian founders, your time is now! There’s a tired talk track in the Canadian startup ecosystem that somehow our system here is broken. That you, as founders, aren’t ambitious enough, that we, as VCs aren’t fast enough, that our government is too involved… and that overall, our inability to generate the scale of successes that Silicon Valley does is entirely a result of poor decisions we continue to make. The world is taking notice of you, and outsiders are coming to Canada to fund your ideas. I like to think of the Canadian ecosystem as an analogy to a child growing up. We’ve reached our early twenties, and we’ve taken our own path to get there. We’re through the awkward teenager years, we are starting to feel a bit more confident about what we have to offer the world, but we’re still early on life’s journey with so much potential ahead.

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