In any event, I follow Segal's blog "Doing the Voodo VCs do in Canada". He's got some amazing insight into the market and he sees a lot of proposals. Rick is part of the group that is managing the BlackBerry Partners Fund, which isn't a surprise because Jim Balsillie is on the board for JLA, so he must be seeing some pretty cool mobile stuff. If you want to get into the mind of a VC (something that you should only do after consulting with your doctor), then you should really check out Segal's blog.
Some recent posts that I thought were really insightful or just plain funny:
Anyway, check out Segal here - funny, insightful and frequent.