I founded my first company over two decades ago, on a couple of credit cards and a dream (at the time, we referred to it as a “wing and a prayer” … now we prefer to remember it as a “vision for global leadership” *lol*). After 2 economic cycles, 3 major rounds of financing, 3 business model changes, and 2 “perfect storms”, I have reached the conclusion that “success” and “failure” are

By Renee TratchThursday, April 20, 2023 https://www.thestar.com/business/why-the-tech-sector-is-key-to-canada-s-economic-success/article_3676112e-fdd3-510f-90f2-1d90756c1809.html? Over his three decades as a serial entrepreneur and as the head of the MaRS Discovery District, Yung Wu has seen his fair share of economic downturns and challenges. That’s why he’s still bullish on Canada’s tech sector: some of the biggest and most valuable companies were created during hard times. And despite the […]

This report by The Canadian Press was first published April 18, 2023.Tara Deschamps, The Canadian Press TORONTO — Yung Wu has founded, built and invested in at least seven companies, but there’s one thing that’s not his strong suit: retiring. The first time the serial entrepreneur retired was in 2007, after the sale of his first company, Castek Inc., to […]

Today is Remembrance Day. On this day, we honour those who have made great sacrifices while serving our country. Canada is a beacon of liberty throughout the world thanks to the brave service people who have dedicated their lives to our country. We live in a liberal democracy in one of the best countries in the world. Even here … especially here, we must always remember […]

The so called Freedom Convoy is headed to our city, to occupy Queen’s Park including our critically important hospital district where MaRS is located, this morning. It is disheartening to see that the convoy has been co-opted by fringe groups who are using this as a platform to promote racism and hate against our brothers and sisters from the Jewish, […]