TLDR:
- Canadian entrepreneurship is facing challenges with a decrease in the number of entrepreneurs.
- Simple Ventures, a new venture studio co-founded by Rachel Zimmer and Michael Katchen, aims to fill the gap in Canadian entrepreneurship.
In a recent article on BetaKit, the challenges facing Canadian entrepreneurship are highlighted, with a reported decrease in the number of entrepreneurs in the country since 2000. Simple Ventures, a new venture studio co-founded by Rachel Zimmer and Michael Katchen, seeks to address this gap in Canadian entrepreneurship. Backed by names such as Shopify president Harley Finkelstein and Knix CEO Joanna Griffiths, Simple Ventures aims to provide opportunities for net new company creation in Canada. Rachel Zimmer discusses the impetus behind Simple Ventures and its operating model, emphasizing the importance of geographical arbitrage. While details about the exact workings of Simple Ventures are not fully revealed, Zimmer hints at a ‘founder-level equity share’ model. Overall, Simple Ventures aims to overcome the structural, cultural, and economic impediments to Canadian entrepreneurship.
