Blossom Social reposted this
🌼 Blossom wouldn't be here without LOI Venture... 🚨 I've seen a ton of alarming posts and charts about the state of entrepreneurship in Canada (shout out Jake Karls and Mitch Richardson for your great posts), with Jake's words hitting home for me: 🧱 "Early-stage funding is a brick wall. Risk seems to not be rewarded here. Investors want you to come back when your business is already de-risked." 😬 That was my experience too raising Blossom Social's pre-seed and seed round. ⭐️ The one exception? LOI Venture. 🔥 When everyone else in Canada said Blossom was too early - Ryan Holmes and Manny Padda took a chance on backing us - investing in us when Blossom had only 1,000 users and $0 in revenue. 🪦 Without this funding, I'm not sure if Blossom would still be alive. 📈 Now we've grown to over 220,000 users, are on track for $2.4M in revenue this year, and were named one of the Top 25 Apps of 2025 by Apple. 🙏 So rather than lamenting the state of Canadian entrepreneurship, I want to take a moment to give the deepest heartfelt appreciation to two legends who are actually making a difference. Ryan and Manny - thank you for everything you're doing for Canada. 😎 For any early-stage founders out there, Ryan and Manny aren't just investors - they also created the League of Innovators Startup Accelerator to help early-stage founders learn the ropes (for free) led by the incredible Joel Hansen and Rob Ironside. 🙋♂️ If you're an early-stage founder under 30, I highly recommend joining the LOI community. The deadline to apply is this coming Sunday! https://lnkd.in/gmqbbQCW