Do Canadian tech companies sell too early?

GUEST: I keep hearing, from numerous people, the complaint that Canadian businesses sell too early, especially when compared to their U.S. counterparts. It’s an interesting notion that is always raised when the sale of a large Canadian tech company happens – BlueCat Networks’ recent $400 million sale is a good example.
Rather than just relying on hearsay, I thought it was worth analyzing the numbers to see if it is true that Canadian firms sell too early.
So, if we look at tech