Mandala Games founder Nadya Jahan announces company’s Bankruptcy
Yesterday on her personal blog, Mandala Games founder Nadya Jahan announced that the company filed for bankruptcy on February 6th. Her blog post[fr], entitled “Merci,” is a giant thank you to all those who supported her – investors, team members, family, clients, entrepreneurs – a very touching post after 3 years of running the company. The […]
1001Pharmacies closes €600K angel round to bring the pharmacy online
1001Pharmacies, the first marketplace for pharmacies in France, has announced this morning that they have closed a €600K Angel round, which includes Priciminister Co-Founder Olivier Mathiot, MenLook CoFounder & France Digitale VP Marc Menasé, Wyde cofounder Jean Renée Lyon, LAB cofounder Gilles Emmanuel Bernard, Scoop.it cofounder Marc Rougier, and Happyview’s Marc Adamowicz. With this monster line-up of investors, […]
Ventech goes Russian, invests $3 Million in TrendsBrands
Ventech has invested $3 Million in Russian fashion startup TrendsBrands, GoalEurope reported today. Trends Brands is a global online fashion retailer that offers over 10 000 branded items across womenswear, menswear, footwear, accessories, and jewellery, with approximately 1500 new product items being introduced each month. The company reportedly did $10 Million in revenue since its […]
Social network monetization startup Feeligo announces €250k seed round
Feeligo, whose goal is to essentially become the “Google AdSense of the social web”, has announced today that they closed on a €250k seed round with Petit Poucet Participation and a group of successful web entrepreneurs. This seed investment caps off a strong first year for Feeligo, which was founded by business-tech duo Jonathan Levy-Bencheton and Davide Bonapersona. […]
Orange and Deutsche Telekom poised make billions off of EE in 2013
Reports have been trickling in since last November that Orange and Deutsche Telekom are planning an initial public offering for Everything Everywhere (EE), their wholely owned joint subsidiary in the UK. Most of the conversation was sparked by Orange’s CFO Gervais Pellissier, who stated last November that “there could be a place for an EE IPO […]
Investors & Entrepreneurs: forget everything you’ve heard about taxes in France in the last 6 months.
In the past 6 months, there have been a lot of new tax ideas thrown out around France, most of which has resulted in smoke & a bad reputation for French businesses & entrepreneurs. Paris went from 6th to 10th in ‘attractiveness for investment’ in just one year according to a recent study reported on […]
Salesforce.com acquires & kills the French ECM Entropysoft
This week, Salesforce.com acquired Entropysoft, a French Enterprise Content Management(ECM) system that was being used by IBM, Symanetc, IDS Sheer & over 25 US Vendors, according to Venturebeat’s Christina Farr, who broke the story. Since the announcement broke, the only evidence of which at the time was an updated LinkedIn profile, Salesforce.com has shut down […]
Today I’m pitching the European Commission for 80 Billion Euros for my startup, Europe.
This afternoon I’m making my way north from Paris to Brussels, the capital of the European Union and home of the European Commission. There I’ll be giving a workshop to Neelie Kroes, the very outspoken Vice President of the European Commission who has spoken about Europe’s need to build startups that stay in Europe. “Start […]
Google settles with French press: will create 60 Million € “press fund”
Today Google’s Eric Schmidt met with French President François Hollande to announce an agreement after a battle that has gone on for months between Google and the French press/government. The press, who were hoping to propose a law requiring Google to pay royalties each time they cite their article headlines/descriptions in Google News, will have […]
Ebuzzing sees big revenue jump in 2012; announces US expansion
Ebuzzing, the leading European platform for video advertising distribution, has just announced very strong results for 2012, having achieved $52 million in revenues which is a 79% increase over 2011. This strong performance also helped them, 5-years after their founding, break-even for the first time. Ebuzzing’s differentiated approach to video advertising distribution vis-a-vis their competitors […]