Canadian mentorship company Ten Thousand Coffees scores $75M investment from U.S. private equity firm

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

StarExclusive: Ten Thousand Coffees, a Canadian-founded networking company, has just received a major boost of $75 million from U.S. private equity firm, Five Elms Capital to expand its operations and reach.

Ever wondered how to get a leg-up in your career with zero connections in your field?

“This is a critical move to expand our business and ensure the democratization process when it comes to new hires and promotions,” said Dave Wilkin, CEO and co-founder of 10KC. “So many industry leaders told me the best learning on the job happens by grabbing coffee with your boss and colleague,” Wilkin said. “But who gets those opportunities? What’s the best way to make the process fair and equitable?”

Elliott Garcea, 10KC co-founder and chief technology officer, agreed the pandemic tapped into the company’s potential to ensure employees are able to build on relationships and opportunities within their own company remotely.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sounds like Trudeau hasn't approved your annual funding yet.

DOPE❤️ CONGRATS

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 60. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Chickapea uses global markets to grow its gluten-free pasta businessThe company moved its manufacturing from the U.S. to Italy, the birthplace of pasta, in 2018
Source: globeandmail - 🏆 5. / 92 Read more »

Bank of Canada sees worst drop in business outlook since 2020 - BNN BloombergSentiment among Canadian firms fell the most since the beginning of the pandemic, with inflation expectations among consumers and businesses showing few signs of abating, Bank of Canada surveys show. BNN Bloomberg is down on the Rogers cable network. Government makes up 55 % of GDP in Canada. Why does the central bank destroy the private sector to throttle the economy. All they really need to do is stop providing support for government bonds. Problem solved.
Source: BNNBloomberg - 🏆 83. / 50 Read more »