Congrats again to Dave, you and the team. Ribbon is the third toronto startup that we have acquired in the last few years. As a toronto founder myself, I fully believe in and support the canadian tech community. We have amazing universities, talent and innovation. @arshamg_ pay it forward!
@communicable Hm, this is only VC funded companies. Many other forms of entrepreneurship, with different risk/return profiles. I think we want it all.
re the VC ones. Itβs sucks to be in the 80% zero outcome, agree. But - most learn, grow and move into other ventures and jobs.
88% of venture-backed startup founders walk away with nothing, according to a study of nearly 250,000 founders.
Researchers from Wharton and the University of Zurich analyzed 157,669 US startups and 248,454 founders from 1987 to 2025.
The top 1% of startups captured 79% of all value at exit
The 12% of founders who did get paid received a median of $4.8 million after taxes
We sold Ribbon last week for life changing money. Built here in Toronto. Iβm not sharing this as a flex. I just want founders/builders to know that you can do it and you can make it from here. You can sell to the world from our city. You can do it. I will help you do it.
It's Remembrance Day.
Take time, this day above all, to honour and thank those who risked and lost their lives so that you could peacefully live yours.
"Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning, we will remember them."
Ambrose Goodman grew up in the house we now live in. He was only a few years older than my son when he went to war for Canada. He died im 1918 in WWI.
I will think of Lt Goodman today, and how his sacrifice (and so many othersβ) allowed us to live the life we do.
Freedom means real sacrifice from real people. Remember this today.
https://t.co/lvp5bSDw9U
Today, we remember the Canadians who left farms, classrooms, and city streets for Vimy Ridge, the beaches of Normandy, the hills of Korea, and the valleys of Kandahar.
Many of them younger than any of us were when we first thought about what we wanted our lives to be.
They didn't get to see the country they defended grow up. We did. The peace, prosperity, and freedom we take for granted each morning were paid for by people who never got to enjoy them.
The best way to honour that debt isn't only to wear a poppy or bow our heads for two minutes. It's to build a Canada worthy of what they gave.
Lest we forget. π¨π¦
#RemembranceDay2026
βIβm excited about building Canadaβs next great tech company right here from Toronto.β -- Benjamin Alarie, Co-Founder + CEO, @BlueJLegal
Revenue up 529% in last 3 years and 6,500 customers. Love to see Canadian companies winning. πππ
What we believe might be a world record in optical switch loss! 7mdB!
Quantum hardware that is both manufacturable and scalable, that is what is needed for utility-scale quantum computing and that is what we are building at Xanadu.
This 7 mdB optical switch loss achievement is a clear proof point for our leading photonics technology and a critical step forward on the path to commercialization.
Learn more: https://t.co/H1Rg66IYbf