Vancouver Magazine - - Taste -

PRE­VI­OUSLY # 37, 2016 Van­cou­ver is still seem­ingly in love with Ryan Holmes and Hoot­suite. The city ap­proved a rec­om­men­da­tion last year to al­low added den­sity in Mount Pleas­ant, in­creas­ing the max­i­mum height of build­ings to more than 12 me­tres in some ar­eas. A cou­ple of years ear­lier, Hoot­suite and West­bank part­nered to pur­chase a full city block bor­dered by Main and Que­bec Streets. The plan is to de­velop a tech hub in “Mount Pixel” that would serve as a new Hoot­suite oice, as well as other like-minded tech com­pa­nies. But there are some un­com­fort­able de­vel­op­ments as well. Plat­forms the com­pany de­pends on, like Face­book and Twit­ter, have in­creased costs or cut ac­cess. And there’s been no sign of a long-ru­moured ini­tial pub­lic oer­ing (though in Oc­to­ber, the com­pany re­cently hired Gold­man Sachs to ex­plore a sale at a val­u­a­tion of $750 mil­lion).

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