Rude Baguette - Intro to the Paris Startup Scene
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Rude Baguette - Intro to the Paris Startup Scene

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A presentation given for General Assembly's European Buffet - Introducing London to the Paris Startup Scene.

A presentation given for General Assembly's European Buffet - Introducing London to the Paris Startup Scene.

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  • 2/3 of Startups under JEI Status
  • 2/3 of Startups under JEI Status

Rude Baguette - Intro to the Paris Startup Scene Rude Baguette - Intro to the Paris Startup Scene Presentation Transcript

  • INTRO TO THEPARIS STARTUPSCENELiam BoogarEditor, Rude Baguette
  • AGENDA 2PARIS STARTUP SCENE 101‣ Background: Who the F*CK am I?‣ History: 100 years of French innovation in 1 slide‣ French tax laws – tough on revenue, but loves R&D‣ French Engineers – underpaid & overqualified‣ The Startup Scene – Who/What you need to know‣ The French Market – penetrate it.
  • INTRODUCTION 3WHO AM I?‣ Born in the Silicon Valley‣ Moved to France in 2010‣ Rude Baguette – France’s Startup Blog ‣ Launched in November, 2011 ‣ 30K UV/month today ‣ 47% readers in France ‣ Referenced by TechCrunch, Pandodaily, GigaOm & TechMeme in last 60 days
  • Intro to the Paris Startup Scene100 YEARS OFFRENCHINNOVATION INONE SLIDE
  • 100 YEARS OF FRENCH INNOVATION IN 1 SLIDE 5 THEN TODAY 7,500 in 2011 Well-developed (2nd in Europe, Top Schools in France Technical 4th in World) Are for Engineers Infrastructure
  • Intro to the Paris Startup SceneFRENCH TAXES.TOUGH ONREVENUE.GOOD FOR R&D.
  • FRENCH TAX LAWS – FAVORING R&D OVER REVENUE 7CIR: Subsidized R&D up to €100M JEI Status: Subsidized employment of designers & developers1st year: 40%2nd year: 35% 20% tax on top of salaryEvery yearonwards: 35% € 40K salary = you pay €48KAll R&D beyond instead of €60K€100M subsidizedat 5% OSEO: €650M SMB Grants for innovation, expansion, and R&D
  • FRENCH ENGINEERS – OVERQUALIFIED / UNDERPAID 8 Facts Traditionally underpaid in 1000s of new engineers coming out startups (35-40K€/year) of France’s top engineering schools Myths 35 Hour Work Week Impossible/Expensive to Fire
  • Intro to the Paris Startup SceneTHE PARISSTARTUP SCENE: WHO WHAT WHERE
  • THE PARIS STARTUP SCENE: WHO/WHAT/WHERE 10 Who you should know… ENTREPRENEURS STARTUPS Xavier Niel Iliad (Free/Free Mobile) – made his money in Minitel Marc Simoncini Meetic – Founding Partner, Jaina Capital JB Rudelle K-Mobile Kiwee, Criteo Tariq Krim Netvibes, JoliCloud Jacques-Antoine Granjon (JAG) Vente-Privée VC FIRM NOTES / INVESTMENTS (1- 5M €) ISAI Invests 1/quarter: BlaBlaCar, Shopmium, Commerce Guys (~1M €) Jaina Capital Takes Majority Stakes: Appsfire, Plyce (Seed +Series A) Elaia Partners Allmyapps, Criteo, Sigfox, Scoop.it, Ykone (300K €) IMA Ventures Sparrow, Rapportive, Paper.li, FreshPlanetPartech, Ventech, 360 Capital, Omnes Capital, Xange “Most Active Angel Investors in the World” -BI
  • THE PARIS STARTUP SCENE: WHAT? 11WHAT WE DO WELL. eCommerce Internet of Things Beautiful Apps Marketplaces
  • THE PARIS STARTUP SCENE: WHERE? 12SILICON SENTIER
  • Intro to the Paris Startup SceneTHE FRENCHMARKET.PENETRATE IT.
  • THE FRENCH MARKET. PENETRATE IT. 14 A FEW FIGURES 65 Million #2 city in Inhabitants Europe #2 in VC in Europe 50 Million Internet Users #2 city in Europe
  • INTRO TO THE PARIS STARTUP SCENE 15Q&A
  • INTRO TO THE PARIS STARTUP SCENE 16THANK YOU.@LIAMBOOGARLIAM@RUDEBAGUETTE.COM