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.

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

Should France even want to be another Silicon Valley anyway?

If there’s one thing I have a low tolerance for, it’s France-bashing. Sadly, it seems to be a default sport for many journalists. Whenever they have nothing better to write about, a little critique of the oh-so-traditional French Republic will surely fill up the sapce. Take The Economist, for example. It’s a magazine that I actually still highly admire. But I remember reading this one article not too long ago about how London was just all the more attractive for the young, French population – because “France itself is hardly booming.” Uh, right.

Read More Should France even want to be another Silicon Valley anyway?

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?

Read More What do Louis Vuitton and Sacre Coeur have in common?

France is Putting the “F” into “Failure”

A while back I wrote a post on how the French educational system isn’t exactly entrepreneur friendly. And this is just based off of my simple observations and personal experience at a French university. Now that I have attended university in the US, France and the UK, I can say with complete certainty that French professors are by far the harshest with their students when it comes to mistakes. One would think that they get joy out of making their students look ridiculous – even when they make the smallest of errors. I’ve even heard some “feedback” from professors that could make one borderline suicidal. Not exactly what I would call educationally encouraging…

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Hungry for more Techbaguette ?

I admit it, Techbaguette has not only been great geeky fun but this blog has been insanely good to me. It’s kind of taken on a life of its own. I never thought anyone in their right mind would take the good old “TechBaguette” seriously when I launched it. I had one simple goal in mind: share my discoveries and experiences of the French startup scene with the rest of the English speaking world. I guess this means I’m not the only one who likes the French tech crowd ! Never in my wildest dreams did I think it would lead to TechCrunch – although that being said, I can’t deny that TechCrunch didn’t oh-so-slightly inspire it.

“Bonjour, Mademoiselle TechBaguette.”

Read More Hungry for more Techbaguette ?

The French A-list

I get lots of local entrepreneurs contacting me, wondering who exactly in France has money in the bank. So just like with the Le Best of French Blogs post that I wrote-up a while ago, it’s perhaps time for a French A-list (or angel-list). Well, here it is kids. These are some names  (in no particular order) that I’d want to be talking to if I was looking to fund my company in France. Obviously, some of these people are also behind funds like ISAI, Jaina and Kima but that doesn’t mean they don’t also invest à titre personnel.

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Will The Real French Administration Please Stand Up ?

It’s pretty paradoxical what is happening in France’s startup scene at the moment. On one side of the spectrum, the entrepreneurs, investors and the entire ecosystem seems to be gaining momentum. Several new seed funds were created in the beginning of the year – filling a very obvious gap in the local market and visibly fueling the development of quite a few startups. Then came the various mentorship programs, like the Founder Institute. Followed by the sprouting of regular startup events, like StartinParis, or even Startup Weekend – which is conquering the whole country. The infamous Paris-based co-working hub, LaCantine, is also spreading its wings and setting-up outside of Paris, in addition to a new acceleration program they’ve launched as well. And to top it all off, we’ve now got some of the big-name entrepreneurs talking about potential YCombinator-like programs for local startups. Call me crazy but I truly believe something incredible is going on.

Read More Will The Real French Administration Please Stand Up ?