Probably different methodologies. For example, an investor could buy 20% of a company for $1M, implying a $5M valuation. Another investor could buy 50% of a company for $1M, implying a $2M valuation. Are both investments valued at $1M, or is one at $5M and the other at $2M?Looking back at a post by Surreal, I see different numbers for Calgary coming from this website In the reports at the other site, Calgary's numbers look more competitive relative to the other 4 markets. Both sets of data appear to be related to VC funding, curious what the difference is?
Take all of these stats with a grain of salt. These investments are highly illiquid, meaning that the valuations are uncertain and highly volatile.