France can now (legally) veto all acquisitions by foreign companies

The potential acquisition of Alstom by General Electric has made more than the usual headlines in France & around the world, notably due to the French government’s lobbying for German competitor Siemens to acquire the company’s ailing Energy division, currently valued at upwards of $17 Billion. For those without memory loss, this process may feel […]

Cloning or crying wolf? CSI Hidden Crimes VS Criminal Case

Cloning or crying wolf? CSI Hidden Crimes VS Criminal Case

French gaming industry behemoth Ubisoft has just published CSI: Hidden Crimes on iOS and Android. Controversy is never far in the gaming industry, as games very often draw inspiration from their illustrious not-so-distant predecessors, and outright cloning is an ever-present worry (ask the Vlambeer guys). In this case, CSI Hidden Crimes uses mechanics that are […]

With growth in France, Spain & Belgium, last minute hotel reservation app VeryLastRoom raises €1.5 Million

With growth in France, Spain & Belgium, last minute hotel reservation app VeryLastRoom raises €1.5 Million

Last minute hotel reservations startup VeryLastRoom has raised €1.5 Million from A Plus Finance, SIGMA & Extend AM, the startup announced this week. Launched in June of 2012, VeryLastRoom previously raised 400K€ from business angels, looking to provide its service in ‘every town in France’ – which they may very well have accomplished. The startup […]

“LaFrenchTech” to launch this week: the same bag of tricks or a real change in strategy?

This Thursday evening, ‘Startup Minister’ Fleur Pellerin will welcome members of the French tech community as she gives her voeux, a tradition in France akin to New Year’s Resolutions, during which she will talk about what she wishes for the French tech community in 2014. In addition to plaisanteries, Pellerin will officially announce La FrenchTech, an […]

French Senate holds a Bitcoin hearing to discuss risks & opportunities

This week the French Senate held a hearing to discuss the decentralized currency Bitcoin. As reported by Coindesk, the hearing, which was broadcasted live, featured high-profile French politicians as well as directors from the French Tresory, the Banque de France, the anti-trafficing authority TRACFN, the border-patrol authorities, and notably, Paymium co-founder Gonzague Grandval. Paymium runs Bitcoin Central, […]

Rude Baguette’s 2014 New Year’s Wishes for the French Startup Scene

In the spirit of France’s tradition of offering one’s hopes for what the New Year will bring, the Rude Baguette writing team figured we’d follow President Hollande’s lead and offer ours. However our wishes will, of course, focus squarely on France’s tech ecosystem. Feel free to offer yours as well in the comments section. Enjoy! […]

Servers crash, some parisians won’t get to vote in 2014

People living in Paris had up until the 31st of December to register on the electoral list in their respective administrative districts. Failing that, they would be unable to vote in the upcoming 2014 municipal elections. I won’t get into the absurdity of closing electoral lists months before the actual elections are held, when abstention […]

Modeled after YC’s SAFE, AIR is the first legal convertible note in France

The convertible note is a staple of any healthy startup ecosystem. It allows business angels to invest in seed startup companies without getting bogged down on the particularities of the valuation, by applying the equity exchange to the investment on the next round, with a declared discount (15-25%) applied to previous investors on a investor-by-investor […]

The Netflix French love affair: company executives fight against VOD monopolies

The love affair between Netflix and France has been fiddled with mistrust and a few bumps on the road. Fortunately – for consumers – the overly popular American video streaming service might be arriving to France very soon. Being present in 41 countries worldwide, it sounds strange that Netflix is not available in the French market. […]

The 4 pronged approach France is taking to Open Data

Back at the last G8 summit in June of this year, the G8 member states signed on to the Open Data Charter, whereby all of the member states pledged their commitment to  “open economies, open societies and open governments as the basis of lasting growth and stability”.  France has moved quite quickly to demonstrate their strong […]