The tables have turned on our host Matt Cohen who was recently a guest on the BetaKit podcast and had a spirited discussion about the recent meltdown of RenoRun. BetaKit features weekly podcasts discussing Canadian technology news and global startup news from a Canadian perspective and it was an honour to be a guest on the show. You can listen to the whole episode where Matt shares the history of Ripple Ventures and a lot more here . From BetaKit’s post: BetaKit has reported this year on LPs unable to honour capital calls, leaving Canadian VCs to pull out or renegotiate deals with Canadian startups—one of those startups being Montréal-based RenoRun, which recently filed for creditor protection after failing to raise four different rounds to keep the company alive (along with a few other Hail Mary attempts). Most recently, the Globe and Mail reported that Toronto-based Clearco is looking to raise $20 million USD at a $200 million USD valuation—one-tenth of what it was at its height (BetaKit can confirm we’ve heard the same numbers). You know things are bad when pension-backed VCs like OMERS Ventures’ Laura Lenz are trying to encourage downtrodden founders by tweeting that her firm is still investing . This week we also welcome back John Ruffolo to break down the big tech news. Follow Matt Cohen and Tank Talks here! Podcast production support provided by Agentbee.ai