What's Next in Tech and Philanthropy?
Why It Matters
Giving is changing and engaging Canada's fast-growing tech sector will become a massive part of philanthropy in the next decade. We must understand what's driving philanthropy in Canadian tech, how they give, and what trends are shaping their giving culture.
Generally speaking, tech isnโt known as the most philanthropic sector. When people hear these huge valuations and what companies are raising, they wonder why itโs not translating to donations.
Why is that?
Tech companies are not built the same way that traditional companies are built. They generally take a long time to get to profitability because theyโre focused on scale.
Tell us about the Upside model. How does it work?
The theory is this: If tech companies are going to have a huge impact on Canada, how can we trade in the same value that they trade in? In other words, their equity or their ability to be worth a lot of money in the future. Our model works on the same timeline of value creation.
Walk us through the model.
An ear
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