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?Read More The Evolution of the French Investment Landscape
Recently, I’ve noticed a new flood of negativity building up in Europe’s startup scene. Sure, the Euro isn’t doing particularly well and France (and apparently Will Smith?) is a little uneasy with what François Hollande’s government has in store. And Europe isn’t culturally as over-the-top optimistic as its transatlantic neighbor. Still, sometimes it feels like Europe’s tech scene enjoys a bit of self-bashing, whether it be about entrepreneurs’ incapability to “dream big” or VC’s ROI.Read More Does Europe’s tech scene enjoy self-bashing?
This subject has actually been on my mind for a while, triggered by the first time I saw MC Hammer at a conference in San Francisco (pretty sure it was the AlwaysOn Standford Summit in 2008) and thought it was a total joke. The man had announced the launch of his start-up DanceJam.com and all I can remember thinking to myself, hashtags included:
#WTF is a hiphop celebrity from the 80s doing trying to mingle with the Silicon Valley crowd?[youtube=http://www.youtube.com/watch?v=2c4L4CPfQY8]
(Watch the video and then imagine it playing in your head as you casually see him speaking on stage at a tech conference…)Read More Does French Innovation Need a Few More Famous Faces?