Christian Lassonde

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Christian Lassonde

Christian Lassonde

@classonde

Fintech VC - that’s it, super boring

Katılım Mart 2007
475 Takip Edilen3.5K Takipçiler
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Sama Hoole
Sama Hoole@SamaHoole·
Activist: "Your cows are putting carbon into the atmosphere." Farmer: "Where did they get it?" Activist: "What?" Farmer: "The carbon. Where did the cow get it before it put it anywhere." Activist: "From... eating?" Farmer: "From eating grass. And where did the grass get it." Activist: "The soil?" Farmer: "The air. The grass pulled it out of the air last spring. The cow ate the grass. The cow breathed some of it back out. It went back into the air it came from." Activist: "But it's still going into the atmosphere." Farmer: "It's going back. There's a difference between a thing going somewhere and a thing going back. You've described a circle and you're frightened of it." Activist: "Then just don't have the cow." Farmer: "The grass still dies in autumn. It rots where it falls. The carbon goes back into the air either way, just without anyone getting fed in the middle." Activist: "It's not that simple." Farmer: "It's grass, cow, breath, grass. Or it's grass, rot, air, grass. Same circle, fewer dinners. If that's complicated for you I'd stay away from the water cycle. That one's got clouds in it."
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Christian Lassonde
Christian Lassonde@classonde·
Board meeting energy: Board member basically asks the CEO to explain the simplest product the company sells. CEO gives the full, patient product walkthrough. Me: forehead repeatedly meeting the table. The secondhand embarrassment was chef’s kiss levels of painful. 🫠
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Mark McQueen
Mark McQueen@markrmcqueen·
Every parent who has attended a GTA MTO test centre over the past few years may have noticed that the pass rate of certain driver training firms were off the charts…which is why your kid had to fail for slowing down just a touch at the railroad crossing in Mississauga.
401_da_sarpanch@401_da_sarpanch

#BREAKING: 7 GTA Residents Charged With 25 Criminal Offences In OPP Probe Into Alleged Bribery Scheme For G-Class Driver Road Tests At Multiple DriveTest Centres In The📍Greater Toronto Area. • Farhad Sanders, 43, of Maple. • Abdulkarim Afrayim Sava, 65, of Brampton • Ahmed Ismail Ghanchi, 44, of Toronto • Michelle Miceli, 49, of Toronto • Shanna Marie Tozer, 43, of Toronto • Elizabeth Taylor, 50, of Mississauga • Samuel Adewale, 65, of Brampton

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401_da_sarpanch
401_da_sarpanch@401_da_sarpanch·
#BREAKING: 7 GTA Residents Charged With 25 Criminal Offences In OPP Probe Into Alleged Bribery Scheme For G-Class Driver Road Tests At Multiple DriveTest Centres In The📍Greater Toronto Area. • Farhad Sanders, 43, of Maple. • Abdulkarim Afrayim Sava, 65, of Brampton • Ahmed Ismail Ghanchi, 44, of Toronto • Michelle Miceli, 49, of Toronto • Shanna Marie Tozer, 43, of Toronto • Elizabeth Taylor, 50, of Mississauga • Samuel Adewale, 65, of Brampton
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The Rational Animal 🤔
The Rational Animal 🤔@theobjectivist·
Same move. Same hand on the heart, same wave to the crowd. Musk did it and gets called a Nazi to this day. Mamdani does it and those same people have not said a word. Well, not exactly. Once the side by side clips went viral, some of them did speak up. Not to apologize to Musk. To defend Mamdani. Suddenly the gesture is not the gesture. Suddenly we need to talk about arm speed. Whether the fingers wiggled at the end. Whether he was smiling. Whether his grandparents were in the right party. A year ago none of that mattered. The hand went up, the verdict came down. Now we get a forensic seminar on millimeters and microseconds to prove Mamdani's arm moved slower. Mamdani's own press office said "in no way was this a Nazi salute." Funny. Musk said the same thing. His did not count. Mamdani's did, instantly. That tells you everything. The "Nazi salute" thing was never about the gesture. If it were, they would be screaming right now. They are not. It was about Musk. They hate him because he is the richest man in the world and he was attacking their ideological piggy bank with DOGE, so they smeared him. Mamdani is on their team, so he gets a pass, plus a defense team running stopwatch analysis. Same hand, opposite verdict. A wave is a wave. The rule does not change based on who is waving. When it does, you are not watching principle. You are watching a hit job.
Dr. Eli David@DrEliDavid

Remember how they lost their sh*t when @elonmusk did this?

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Warren Kinsella
Warren Kinsella@kinsellawarren·
Fair
Toronto Crime Watch@CrimewatchTO

x.com/spaikin/status… If this were a Conservative politician, every mainstream media outlet would already be publishing hit pieces comparing him to Trump for questioning the election results and suggesting they were rigged. But you won’t hear word, because their boss endorsed him.

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Jason Kenney 🇨🇦🇺🇦🇮🇱
Completely bizarre. The Chief Public Health Officer of Canada can’t bring herself to say that fentanyl consumption is unsafe! Instead, she mumbles incoherent word salads. Fentanyl is 50 to 100 times more potent than morphine. A tiny dose can be fatal. Tens of thousands of Canadians have died by consuming it. If she can’t communicate clearly the enormous danger of fentanyl consumption, she’s in the wrong job and should be fired. x.com/DanMazierMP/st…
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Christian Lassonde
Christian Lassonde@classonde·
Just did the Canadian Census. Only questions about Gender identity and language I guess that’s what identifies as Canadians now.
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Christian Lassonde
Christian Lassonde@classonde·
I had dinner last night with the CEO of a Canadian financial institution and a managing partner from one of the Seven Sisters law firms. The conversation turned, as it often does, to why Canadian tech does not get funded the way it should. The verdict at the table: Canadian investors are too risk averse. Too conservative. Too scared. Stop and think about who was saying this. Two of the most accomplished people in this country. If they believe the myth, the myth is incredibly strong. 🤦🏻‍♂️ I disagree with the diagnosis. The real problem is that most Canadian tech investors have made one quiet mistake. They invest in Canadian tech. All of it. Patriotic. Very nice. Also a problem. We do not have nearly enough funds that specialise. Some exist, and they will rightly raise their hand here. But the dominant model is still funds that invest in Canadian tech, full stop. Every sector, every stage, as long as the founder is local. That is not a strategy. That is a geography filter masquerading as one. What we need are more funds that do fintech. Full stop. SaaS. Full stop. Devtools. Full stop. Pick the sector, then go wherever the best companies in that sector are. You cannot develop pattern recognition from a small sample spread across every sector. If you see a bit of fintech, a bit of health tech, a bit of climate, a bit of B2B SaaS, all bounded by a country of 40 million people, you have not seen enough of any one thing to know a winner from a pretender. And when you do not understand something, you go risk off. That is not cowardice. That is rational behaviour from someone holding incomplete information. At Impression Ventures we focus on North American fintech. In 15 years we have looked at over 20,000 fintechs. That volume is the entire point. It is what lets us tell the difference between a hard problem worth funding and a feature dressed up as a company. Concentration plus volume builds the muscle to take calculated risk. Without it, every deal looks like a coin toss, so you pass. Canada already has the proof that risk aversion is not in the DNA. Junior miners. The TSX Venture Exchange lists more junior exploration companies than any other market on earth. Roughly 40% of the world’s publicly traded mining companies sit on the TSX and TSXV. In 2025 the top 50 venture performers were dominated by resource names with average share price appreciation of 431%. These are companies that are years from production, sometimes from revenue. Canadian retail and institutional capital funds them anyway, every cycle, in size. The law firm at my table has almost certainly papered thousands of those deals over the last decade. Nobody calls Canadians too conservative to back junior miners. Why? Because Canadian capital has seen tens of thousands of mining stories over a century. The investors are global in their mining lens, not parochial. They know what a real drill result looks like versus a press release. They know which jurisdictions matter. They know when to average down and when to walk away. Expertise built on volume produces conviction. Conviction produces risk taking. The same logic applies to tech. The Canadian investors writing the boldest tech cheques are the ones who specialised, then went global to see enough volume to actually know what they are looking at. The ones who stayed home and stayed generalist are the ones writing small cheques into safe looking deals and complaining the ecosystem is broken. It is not the country. It is the strategy. Pick a sector. See thousands of companies in it. Earn the right to take risk. That is how junior miners get funded in Canada. That is how tech should get funded too.
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Brian Halligan
Brian Halligan@bhalligan·
I don't remember where I found this, but its spot on.
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