Most of this is noise; venture capital return is a matter of discipline and controllable factors. Emphasizing the power laws of returns obscures the need to focus on decision quality and risk management in Canada. Portfolio strategies are shaped by regulatory constraints and local opportunities, such as pension funds or resources. You cannot control the shape of a return distribution, but you can control entry criteria and tracking policies. For example, investing in clean technologies in Canada is more influenced by government incentives and the OSFI framework than by the abstract recognition of a power law.