All posts in alternext

RudeVC: There’s a party goin’ on [not] here

. There’s a party goin’ on right here A celebration to last throughout the years So bring your good times, and your laughter too We gonna celebrate your party with you Kool & The Gang probably did not have the stock market in mind when their hit song reached #1 on the Billboard Hot 100 […]

Rude VC: Part 2 of the Alternext liquidity conundrum

Rude VC: Part 2 of the Alternext liquidity conundrum

Last week I wrote a fairly critical piece about France’s IPO market for tech firms. Specifically, I claimed that the Alternext, which is the main market on which VC-backed tech firms can go public in France, does not represent an adequate avenue for sustained financing and liquidity potential for these firms. Rude maybe, but surprisingly […]

Rude VC: 3 broken arrows of growth capital in France

Rude VC: 3 broken arrows of growth capital in France

The other day during a stimulating conversation with five of French tech’s movers and shakers, the subject came up about the challenges facing high-potential tech firms in need of growth capital. Setting aside the Yahoo/DailyMotion debacle for a moment (which I fear will carry disastrous long-term consequences for cross-border m&a, one of the three ‘arrows’), […]

Rude VC: Euronext’s SME Marketplace

Last week NYSE Euronext announced the imminent launch of an “SME Marketplace.” Managed by a dedicated subsidiary set up in France, it will have its own brand, operating budget and team. It is hard to understand exactly what this means. Judging from the Euronext press release, the initiative appears to represent more of a hierarchical […]

Rude VC: To IPO or not to IPO? – Going public in France

Forgive the bastardization of Shakespeare’s Hamlet, because when it comes to French tech IPO’s, one could argue that MacBeth is more appropriate (“Double, double, toil and trouble. Fire burn and cauldron bubble…”). In my last two columns we reviewed the basics of IPO’s and examined some of the challenges that venture-backed companies like Facebook confront in […]

Rude VC: Intro to IPOs: US vs. France

If you’ve been reading the French press recently, you are no doubt aware that this week represents the start of a new adventure… I’m of course referring to the imminent road show for Facebook’s IPO.  Already affecting a billion people on the planet, and probably 100% of RudeBaguette readers, Facebook strikes me as the perfect […]