Next Stop: La Halle Freyssinet

A few weeks ago, I announced that I was leaving Microsoft and mentioned that in the upcoming weeks I would be announcing my next move. Some people asked me if I was moving back to California (uh, why would I do that?) and some people asked me if I was launching my own startup (maybe one day, *sigh*). And no, I was not leaving Microsoft to join Google. When people would ask me what I was going to do, I would reply…

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The Evolution of the French Investment Landscape

France is not usually the first European country that comes to mind when it comes to investing in startups, especially since the arrival of socialist President Francois Hollande in 2012 and the ensuing Pigeon movement; France’s entrepreneurs revolted against government plans to double the capital gains tax to 60%. And of course, stories like the DailyMotion saga do not help. Still, France’s tech startups are not void of funding. In 2014, the top 10 investment deals amount to over €220 million. Furthermore, several French tech startups including Deezer, Blablacar andSigfox have announced $100 million rounds of funding in the last few years. So, if it’s such a bad place to invest, what exactly is going on?

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No France, the problem is not Newsweek

By now, just about everyone has heard of that Newsweek article that all the French are allegedly going nuts about. You know, the one that states that all the entrepreneurs are leaving France since Hollande took over as President because of the whopping 75% tax rate. You know, it’s that article that plays on that over-played joke that the French don’t have a word for “entrepreneur” and struggles to find a French equivalent for Bill Gates or Richard Branson. Yawn.

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Startup Crush: Gemmyo

Not too long ago, I had the pleasure of meeting Pauline Laigneau, cofounder of French online jewelry startup Gemmyo. I’ll be totally honest; from afar, this startup looks an awful lot like US customized jewelry site Gemvara – but once I got to discover the story behind the French equivalent, I realized it was really something else. And I just had to add it to my Startup Crush list 🙂

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