Bootup Labs is done

You may remember BootUp Labs made the top of HN earlier this year after they refused to provide funding to a startup AFTER the startup moved to British Columbia. <a href="http://news.ycombinator.com/item?id=1266723" rel="nofollow">http://news.ycombinator.com/item?id=1266723</a><p>The comments in that thread are any indication, they're reputation was badly damaged.

If you are going to name your company a bunch of letters, shouldn't you put somewhere on your site what those letters stand for? So what the hell does BCIC mean?

BC = British Columbia. It's pretty remarkable that abbreviation isn't spelled out on the front page of Bootup labs, nor BCIC. Maybe I'm on the wrong coast to understand it intuitively.

What's left in Vancouver?

I have been looking at relocating to Vancouver in the future. It seems like a nice place to live but has a horrible tech/startup community. I don't get why that is.