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OPM Wire 💰⚔️🇨🇦

@OPMWire

Topics: Bay St, money managers, moguls, fintech, who's killing it, who's getting killed. No stock picks, no macro. Subscribe at https://teapawt.org/t.co/PO2ZxJuRjx

 Toronto
opmwire.com
Joined September 2019
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You can read all our top posts here: opmwire.com/tag/top-posts/
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Tim Kiladze (@timkiladze) profile picture
Tim Kiladze@timkiladzeOct 8
Stephen Jarislowksy, one of the fearless voices who took on Canada's corporate elite, has died One of my favourite gems from him:
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I'm a big fan of both, as you know
nectarios (@nectarios) profile picturenectarios
@nectariosOct 1
Holy crap - the legendary Mark Leonard at the @MaverixPe agm on stage with @ruffoloj
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teapawt.org/ruffoloj/status/210578…
John Ruffolo (@ruffoloj) profile pictureJohn Ruffolo@ruffolojOct 1
Replying to @nectarios @MaverixPe
Mark is a great Canadian legend and long-time friend. We are lucky to learn from one of the greatest entrepreneurs of all time.
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Sean Silcoff (@SeanSilcoff) profile picture
Sean Silcoff@SeanSilcoffSep 11
Canadian AI firm Cohere in advanced talks to raise up to $3-billion, sources say /via @globeandmail theglobeandmail.com/business…
Canadian AI firm Cohere in advanced talks to raise up to $3-billion, sources say

Canadian AI firm Cohere in advanced talks to raise up to $3-billion, sources say

Deal would value the company at $20-billion and rank as the largest on record by a private Canadian startup

theglobeandmail.com
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BNN has found a replacement who is just as pretty as Amber Kanwar
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This turned out to be somewhere between misleading and a lie: @nejatian at $OPEN Truns out he's getting $15m cash in the first year and RSUs valued at $15m h/t @stockgeekTV
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Sean Silcoff (@SeanSilcoff) profile picture
Sean Silcoff@SeanSilcoffAug 5
B.C. billionaire Ryan Beedie buys into Vistara Capital, commits $125-million to new fund theglobeandmail.com/business…
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Turbopuffer co-founder Simon Eskilsen has some spicy takes: -“the AI funding program is a joke, no one can rely on it.” -“I couldn’t care less about Canadian VCs…. If you take only Canadian VC right now, probably NGMI” ...
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Turbopuffer is “by far the biggest company by revenue that’s ever come out of Shopify.” “Canadian startups do not compound, and the reason that they do not compound is because it’s high status in Canada to retire to the cottage” love the directness!
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Turbopuffer was rebuffed by the government's AI Ayatollah:
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The Turbopuffer story (raising less than US $1m and reaching revenues of $100m) shows how silly it is for governments to try to pick winners right now, someone in Canada is working on the Next Big Thing and it's impossible to say who
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Turbopuffer is old news for anyone who follows Fahd! theglobeandmail.com/business…
Inside the fastest-growing Canadian AI startup you’ve never heard of

Inside the fastest-growing Canadian AI startup you’ve never heard of

Ottawa-based Turbopuffer could be a blueprint for the kind of tech company Canada needs to fulfill its AI ambitions

theglobeandmail.com
Fahd Ananta (@fahdananta) profile pictureFahd Ananta
@fahdananta19 Jul 2025
Turbopuffer is a goated company straight from the little town of Ottawa, Canada Ty @Sirupsen
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A lot of non-Jewish Canadian business bigwigs signed a full page ad against Antisemitism Many big names
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Sean Silcoff (@SeanSilcoff) profile picture
Sean Silcoff@SeanSilcoffJun 24
Toronto fintech Float hits $548-million value with new funding as it pushes into AI finance software theglobeandmail.com/business…
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Michael Lee-Chin
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Sean Silcoff always has the best stories: angel investors are even weirder than I thought
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As I said, the Westons got jealous of BetaKit and launched BeGiant
Be Giant (@begiantca) profile pictureBe Giant@begiantcaJun 17
29-year old Canadian entrepreneur @goswish has co-founded two companies (Dunk, Surf) and written a book. Now he's onto BrokerPlus, serving mortgage brokers, plus angel investing. "Nowadays, it's a lot more around focus." More from @StacyLeeKong: begiant.ca/stories/people/sw…
Swish Goswami has been building companies since he was a teen. Now he’s ready to grow up

Swish Goswami has been building companies since he was a teen. Now he’s ready to grow up

At 29, he’s again a founder, newly an angel investor – and changing his approach

begiant.ca
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The best way to understand Cohere is to follow its equivalent in France, Mistral: they have been more transparent about their pivot to being service providers (they even use other firms' open-source LLMs) Cohere CEO Aidan Gomez was an angel investor in Mistral!
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The Canadian media is just not doing the work to properly report Cohere's standing and business model
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