“Starting a new business can be daunting, especially when faced with the harsh statistical reality that 90 percent of new businesses fail. Beyond the idea, there are more practical reasons for failures; lack of sufficient capital being one of them.”

After graduating from Dalhousie University, Matt Cohen (BComm’07) started his career in New York on Wall street working for RBC Capital Markets, covering global hedge funds.

While working at RBC Cohen helped start Turnstyle Analytics, a wifi-marketing company. Writing the first cheque to get the company off the ground, Cohen saw it eventually grow to a team of 45 employees. Turnstyle, now known as Yelp Wi-Fi, was acquired by crowd-sourced review website, Yelp, last year for around $20 million.”

Read the full story on the Bay Street Bull