The ‘startup generator’ Antler has raised another $50 million to support fledgling startups, with investment from Facebook co-founder Eduardo Saverin, according to TechCrunch. With locations in London, Amsterdam, Stockholm, New York, Sydney, Nairobi, and Singapore, Antler offers a company building program for selected applicants, focused on early-stage funding. They assist entrepreneurs in the first steps of establishing their […]
Yesterday, while grabbing lunch I was nearly straddled by CIF protestors along Blvd Haussmann distributing pamphlets emblazoned with the cautionary words, “Tu te perds mon François- Repense à toutes ces années de service!” In the first week of September the CIF was greeted with the resignation of their CEO, a government bailout approved by the […]
Since 2002, Scientipole Initiatve, funded by the Ile-de-France has been providing personal loans of between €20K-€60K in order to help startups develop commercially and hire. With their new "croissance" program, they may just be replacing bootstrapping.
Last week Europe hosted the Mobile World Congress, an annual ritual in which over 60,000 people in dark gray and black suits invade Barcelona in an event originally organized by the consortium of mobile network operators. The event used to be called 3GSM, named after the nearly ubiquitous technology standard for mobile communication. The GSMA […]
This article was originally posted on Mark Bivens’ personal blog. Capital Finance (part the Les Echos Groupe) features an article today on the discombobulations affecting the country’s tax-incentivized fund structures: FCPIs and FIPs. I’ve written in the past on the perverse effects that these taxpayer-funded structures can have on the venture capital sector. And for […]
In Europe, as many of you may already know, people tend to talk about business models much earlier in the game than they do in the US. In fact, it’s a widely-held belief that European investors don’t tend to invest in companies that aren’t generating cash (which many believe explains the French VCs’ love for […]
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