There has been a very strong dynamic over the past few years around France’s 10,000 startups.
Any info on the success rate?
Any info on the success rate?
Projects here are usually quite classical. Investors are shy with money. People from both sides reject risks, and hence the chance of a big success. They want the unicorns for cheap, without having to go find it in the forest and care for it.
The administrative burden, the taxes and the terrible situation with hiring give the last blow.
France is a terrible place for start ups. We got some. But given the great talent pool we have, I find the quantity and quality pitiful. We have good people here, smart ones, efficient ones, nice onces. And we waste so many opportunities.