Live Blog -- Cloud Launch: Reuven Cohen, International Man of Mystery

Reuven Cohen pointed out that China is the "...largest base of net users in the world."

Facts:

• 513M internet user; milestone in 2011 (factually correct but does not include mobile users which would add up to 900M total)
• 718M by 2013 (not including mobile users)
• 52.7% of total population

Power consumption of one venture in central China includes power generated from 3 coal power plants and the Three Gorges power dam. The CO2 emissions from this one venture alone must be staggering.

Cohen pointed out that Canada does not have a 30% ownership stake requirement for foreign investment nor does it staff its resident companies with military personnel.

So why then, is investment in tech so low in Canada? The US notwithstanding, we've heard that we have more highly educated and dedicated people here in Canada, and a more favorable environment for investment and startups that should promote a healthy and innovative startup environment.