Clio CEO committed to keep firm in B.C. after US$500M milestone
Vancouver Is Awesome
Clio CEO Jack Newton says the company will stay in British Columbia after reaching US$500 million in revenue.Summary
Clio, a Burnaby-based legal AI company, has surpassed US$500 million in annual recurring revenue. CEO Jack Newton stated his commitment to keeping the global company in B.C., noting that he turned down early investors who wanted the firm to move to the U.S. Bay Area. Newton highlighted challenges in recruiting senior executives to Vancouver and pointed to policy gaps, such as taxation and immigration, as barriers to scaling. He emphasized the need for policy changes to make Canada competitive with the United States.
(Source：Vancouver Is Awesome)
