There are several schemes to help startups in the complicated launching phase. The Research tax credits (CIR) scheme celebrates its 35th anniversary this year and has proved to be one of the main drivers for innovation in France: over 20,000 companies presently benefit from it. However, many misconceptions still persist about this support facility, as […]
[Update: some of the details in the article were originally inaccurate, and have been modified accordingly.] While VC money is not always the most reliable way for startups to fund themselves in early stages, one of France’s unique selling points for startups is the subventions or “grants” that the government will give to startups to do […]
Last week, the US looked a lot more like France than it usually does, thanks to the uproar caused by SOPA (Stop Online Piracy Act). I probably don’t need to remind anyone reading this that the internet was flooded with the protesting voices of companies like Wikipedia, Google, Reddit and more against the would-be anti-piracy law. […]
A while ago, I published an article titled “I’m sorry, did you think French companies don’t acquire?” Despite the fact that France lacks a company with an aggressive acquisition strategy comparable to that of Google, there ARE companies that acquire. At the time, my list was oriented towards larger companies – like Ubisoft, France Telecom […]
I love when entrepreneur tell me that "it is impossible to raise VC funding in France." Honestly, it has become one of my favorite phrases. I have come across numerous entrepreneurs - on both sides of the Atlantic - that have told me that VCs are risk-averse weirdos and that their capital is extremely limited and/or drying up. And while Chausson Finance did declare France's VC activity for the first half of 2011 as remarkably less than in 2010, this
It's true. French companies don't have the same acquisition culture as some of the American tech darlings, like Google or Facebook. And it definitely doesn't help the local exit market. French and other European companies often look across the Atlantic when it comes time to go public or get acquired.But just because there are more exit opportunities elsewhere doesn't mean there are none at home.