Archive for September 2013

SNCF hitches a ride into the ridesharing vertical with purchase of marketplace 123enVoiture

Via its subsidiary Ecolutis, French train company SNCF has purchased acquired a 100% stake in 123enVoiture, a ride-sharing marketplace that boasts 400,000 members, LesEchos reported this week. The acquisition comes after SNCF had already invested a 20% stake in the site via its Venture arm Ecomobilité Ventures; however, now that the company is squarely under SNCF’s arm, SNCF […]

Lima’s $1.2M KickStarter joins the Top 10 most funded campaigns. What’s next?

Lima’s $1.2M KickStarter joins the Top 10 most funded campaigns. What’s next?

Yesterday evening at 7:00PM, French startup Forgetbox wrapped up their 60-day KickStarter campaign for their flagship product Lima, which was looking to crowdfund $69,000. They surpassed that goal – in fact, they did it in less than 24 hours. In the 59 days that followed, they managed to crowdfund an additional $1,160,074 from a total of 12,840 […]

Viadeo crosses 8 Million members in France, outpacing LinkedIn [Update]

Viadeo crosses 8 Million members in France, outpacing LinkedIn [Update]

Viadeo has just announced that they’ve reached 8 million members in France, outpacing LinkedIn’s 4.3 million (here and here) [update below]. Often in the shadow of its much larger rival, Viadeo has done a particularly good job of fending off LinkedIn in their home market.  Strategically positioning themselves in France as the indispensable social network for job-hunting, […]

Reading into Eventbrite’s first two acquisitions: a shift in focus towards attendees, globally

Eventbrite has made two acquisitions this week, the company announce on their blog – the Latin American event-ticketing platform Eventioz & the UK-based event-discovery site Lanyrd. The acquisitions come just months after Eventbrite raised $60 Million from Tiger Global Management, a move which many said was in order to put off a potentially premature IPO, despite […]

Backed with $4 Million by MMC Ventures, Boticca sets its sights on growth & international

This week, UK-Based Boticca announced a $4 Million round of fundraising from MMC Ventures, a fund whose portfolio includes Alexa & Alexa, Wool & the Gang & other budding e-commerce companies. The curated marketplace for jewelry also received follow-on investment from previous investor ISAI. As pointed out in TechCrunch, this round of funding will give founders […]

TwilioCon brings the best of Twilio to Europe on October 21st

Twilio annonced this week that their big annual conference on cloud communications, TwilioCon, is coming to Europe for the first time. The day-long event, which will take place Inmarsat Conference Centre in London, offers developers, entrepreneurs and enterprises the chance to share ideas and help shape the future of business communications. The agenda is shaping up to […]

Announcing the Berlin Founders Event, September 26th – Founders, Investors & Country Managers welcome!

Since the beginning of the year, Rude Baguette has been organizing the Paris Founders Event in order to create a place for founders, both local and international, to meet and discuss problems that only founders have. In July, we began opening up tickets to Investors, and now we’re opening up tickets to Country Managers – most are […]

Reporting €35 Million in losses in 2013, Dixons to sell Pixmania one year after founders cash out

  UK Retail store Dixons has received an offer to from German group Mutares to purchase the failing Pixmania, with Dixons providing an extra €60 Million in support to the company, the BBC has reported. Dixons originally purchased a 77% stake in Pixmana in 2006 for €266 Million, having purchased the remain 22% last August […]

The HTML5 rush, Too Many Pick and Shovel vendors

When the Californian Hills called, many gold rush prospectors put aside their savings to head west and try their luck.  Some were able to afford claims while others joined consortiums to mine a specific area with a varying level of success. A few other entrepreneurs focused on servicing the miners and selling them tools. From […]

15-minute law against smartphone chauffeurs will pass in favor of Taxis, or not.

UPDATE: We have heard that as of Thursday October 11th, the law was set to impact only users having signed up for smartphone apps 24 hours prior to ordering a chauffeur. On Friday, a last-minute push from the Taxi Commission pressured the government, who ultimately removed the exception. This means that all Chauffeur apps will […]