During a panel at a tech conference several years back, a seasoned and respected French early-stage VC that I will not name boasted about how he (of course it’s a ‘he’) had never had a portfolio company go bankrupt. Needless to say, this remark was an eyebrow-raiser for me about France’s venture capital sector. My […]
For anyone who has been following the story concerning French dating startup Smartdate, there is clearly a lot of intentional ambiguity. For the moment, the investors in the company have either refrained from commenting or simply stated that there was a mutual disagreement that has left the company's future a bit up in the air (potentially with some of the investors leaving the board).