Pixmania founders: one to leave France, the other to launch local fund

From the moment that François Hollande became the President of France earlier this year, the international press has been waiting for entrepreneurs to leave the country. Hollande’s 75% tax rule caused quite an uproar in the French community – and even Will Smith said he found it unpalatable. However, this brilliant excuse for a little France bashing has led quite a few journalists astray, as they casually overlook the fact the entrepreneurs threatening to leave also happened to be raising massive rounds of funding to continue doing business at home (oops). I found all of this to be quite hilarious since I didn’t know a single French entrepreneur that was packing up and leaving the country. Well, until now.

Dear US Entrepreneurs, You Have it Easy.

Everytime I meet a new entrepreneur – French, American or otherwise – the topic comes up: What are the differences between being an entrepreneur in the US and in France? In my former job, I was constantly confronted with the opinion from the other side of the Atlantic vis-à-vis doing business in France: “The French are always […]

Invest in a Start-up = Reduce your Taxes

Yes, that’s right my friends; while Silicon Valley was over there spreading rumors that it’s impossible to score VC money in France, the French government got a little creative. Since 2007, French tax payers can lower their wealth tax (ISF) by investing in a company. French taxpayers can now reduce their wealth tax by up to […]