The Father of Modern Venture Capital was F-R-E-N-C-H

Usually when I tell people I’m doing a Masters degree in International Political Economy, they look at me funny and follow-up with a “Huh, I guess that doesn’t really have much to do with tech.” And for a long time, I felt this way too. The IMF, the World Bank, the WTO, sovereign debt, currency crises, oil shocks, etc. didn’t really seem to overlap much with startups and innovation. But then again, startups and innovation are at the heart of economic development and growth. Therefore it’s almost impossible not to draw connections between the two fields.

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Confessions of a Tech Blogger – Part 1

This past week, a friend of mine from college reached out to me from halfway across the globe. He mentioned to me that he had launched a (pretty damn cool) startup and was seeking advice on how to get in touch with the tech press – TechCrunch, Mashable and the likes. This most definitely isn’t the first time a friend has reached out for this kind of advice. I figured a  number of people could benefit from it, so I’ll just post some of the questions and my answers here. This definitely isn’t completely comprehensive, but it’s my 2 cents on some of the basics…

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What do Louis Vuitton and Sacre Coeur have in common?

I wrote a (rather exaggerated) post a while back about how French startups seemed to be going after 3 basic areas: food, fashion and flirting. And since writing that post, I’ve discovered even more e-commerce and dating sites popping up. In fact, I’m at the point where I almost don’t want to write about another dating startup for a while. Don’t get me wrong, I love new ideas and I love innovation. But I’m kind of baffled as to why everyone is trying to cram themselves into the same little space. Are all these new sites really making any kind of a difference? Or better gyt, do they even generate any revenue?

The startup help-o-meter.

At the end of that same article, I pointed out how I was rather surprised about how there were so few French sites that seemed to address the needs of tourists and international students – who flock to Paris with money to burn pretty much non-stop. If France is the world’s number one tourist destination and I’m still getting people sending me an email everytime they want to know which hotel to stay in or how they should go about renting a flat, there is clearly a need in the market for a good service that specifically addresses a foreign (cash-baring) population. But when there are still needs that are clearly not being addressed and room to innovate, why-o-why is everyone trying to cram themselves into Meetic’s space?

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French Innovation Trends: Food, Fashion and Flirting

It’s funny how often the subject of conversation goes back to “Why is there no Google or Facebook coming out of France?” Some people like to point fingers at investors, saying French investors are too risk averse. But then there are others that say this is simply because the local exit market is, well, almost nonexistant (yes, I’m exaggerating but only slighly). But if you think about it, there are some things “made in France” that pretty much sell themselves.

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Le Best Of: French Tech Blogs

I’ve had quite a few non-French people contact me regarding the best tech blogs and news outlets in the French technosphere. As my Twitter lists are far from being up-to-date (they will be soon!) I thought I’d put a few names to know here.

French Blogs 101.

First off, one very simple way to find out what’s out there and what’s being read is à la Technorati, via Wikio’s rankings (done according to number of links to the blog and apparently retweets as of June 2010).

But let me highlight a few of my favorites/names to know that are perhaps less-known outside of France (in absolutely no order whatsoever)…

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Dear French Entrepreneurs : Please get out of line

Your average American probably seems like a good rule follower. They stop at red lights, know how to wait in line and are smiles-all-around. On the other hand, not-so-much for your average French. A little striking and complaining screams probably screams “trouble maker” across the Atlantic. Plus, they’re not good at waiting in line. Just ask French start-ups like DelivrMe and JaimeAttendre.

JUST DO IT ?

So you’d think that with all that noise, French entrepreneurs would be the first to throw themselves in the deep end. But no. Seems the Nike slogan still has some work to do. Actually, there are a few things that everyone seems to point out when it comes to comparing French entrepreneurs to their American counterparts

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Attack of the MyMajor Clones – a French Malady?

Seems everyone these days wants to be another Groupon, Foursquare – or even Chatroulette. And I can’t blame them. When a model works in one country or industry, why not just modify it a bit, apply it to a new market and hope for it to take off? Sounds like a game plan to me.

Enter MyMajor.

In France, one group of clones has sprung off of the success of MyMajorCompany (MMC). For anyone who doesn’t know, the company is essentially a participative music label. Translation: crowd-sourced funding for music production. Yes, that means any old nobody with a bank account and a minimum of €10 can essentially become a music producer once the total funding for an artist hits €100k. And to make a long story short, the model took off in France, is now distributed by Warner Music France and has produced some local best-sellers, like Grégoire (don’t ask my opinion on his music please). FYI: this is yesterday’s news in France, as the company has been around since 2007 and started making headlines shortly after.

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