It's a good thing, too. While their misfortune has certainly hurt people, myself included, Bootup is a great addition to the Vancouver startup ecosystem. 3 new companies is far better than 0 in my books. They also throw fantastic events and mentor many more entrepreneurs than they fund.

I was trying to put together a real-estate deal for a Bootup coworking space in December, but in January - when I assume the funding round fell apart - Boris (Mann) became quite scarce. I'm over it. They took on an uphill battle and are hustling to keep the business alive. I think they deserve credit for surviving when others might have folded. As a member of the Vancouver startup community, I'm happy to still have them around. Anyone who has met Boris or Danny can tell that they are genuine in their passion for entrepreneurship and wouldn't have done this if it wasn't strictly necessary. They also have built a kickass portfolio of companies in a short time.

VERY bold statement.