Waterloo, Ontario, is a boom town. An hour west of Toronto, the city rumbles with construction work. Even the Older Mennonites of St. Jacobs, one town over, are digging up their main street, forcing their horse-and-buggies to detour. The region’s growth stems largely from the University of Waterloo, whose intensive internship programs have made it a magnet for tech recruiting. In the ’90s the city birthed Research in Motion and its Blackberry platform, which briefly dominated the mobile industry. Today, Waterloo is also a bot town. It’s where Kik Interactive, a seven-year-old startup with a mobile messaging app that’s popular among teenagers, began working on a conversational platform for bots two years ago — long before the idea became the hot tech trend of 2016 and the latest leg of Facebook’s march to world domination. There’s a crowd of bot-platform contenders right now, including giants like Apple, Amazon, Microsoft, and Google and upstarts like Slack, Telegram, and Twilio. But Fa
It all started with a casual meeting over a meal… The lunch One beautiful Tuesday afternoon, Dmitry and I went out for a late lunch. I asked my close friend of 20 years how he was doing. Dmitry answered, “Awesome! I love what we’re doing these days!” It was obvious that my most sarcastic friend genuinely meant every word. Little did we know then, that Dishero, the company we had co-founded a year and a half ago, would be shut down within the next 72 hours as a direct result of his answer. We laid off everyone that very Friday… Success -ish Let’s roll back. Dishero was founded by Ilya Ginzburg, Dmitry Fink and myself with the goal to replace the paper menus and give restaurants full control over their online presence. Our business was seemingly working and from 30K feet — it looked great: We had raised a total of $2.8M (2 rounds). Most of it was still in the bank, providing us with a comfortable 18 months runway. We had assembled great engineering and business teams, totaling 17 people