All posts in FCPI
What the Gallois report means for tech startups
Last week the French government’s Commissaire général à l’investissement, Louis Gallois, released his eagerly anticipated diagnosis on France’s competitiveness to the Prime Minister, Jean-Marc Ayrault. Encompassing six major themes and 22 specific proposals, the Pacte pour la Compétitivité de L’industrie Française is both sweeping in its analysis and prescriptive in recommending solutions. The Gallois Report […]
Rude VC: Pour une France Compétitive
Over the weekend I had the pleasure of perusing France Digitale’s whitepaper “Pour une France compétitive et créatrice d’emplois.” I say pleasure, because I really did enjoy reading the organization’s pragmatic proposal of four concrete measures to include in the upcoming Loi des Finances 2013. For those who are not familiar, France Digitale is a […]
Retail VCs: pivot or perish ?
It’s been a hot, lazy summer in most of France (far superior to last year, weather-wise, thank goodness). But in at least one sector of France people struggled to completely relax: the private equity / venture capital firms whose principal sources of funds are tax-incentivized “retail” investors. Such retail fund vehicles are a fairly uniquely […]
I hope you weren't planning on getting grants from OSEO this year
[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 […]
Rude VC: Taxing times in French asset management
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 […]