The Curious Case Of Vancouver Incubator Bootup Labs

Vancouver startup incubator Bootup Labs is taking heat for abruptly downsizing its portfolio of fledgling companies looking for a bit of financing and mentoring after an apparent snafu in fundraising on their part. The multiple-sided story has been circulating on Hacker News since last night and covered here and there , but we thought we'd recount what's happening because there are important lessons to be learned here.