Summer of Sam

September 19, 2007

Right now I am rather busy at work, hence my non-existent blog posts. Still, I thought I should spend some time to share the latest update from Capital Finance on the French venture market.

Last summer was all about the subprime crisis and there is a fair chance that this is not quite over… too many people are clamoring about their risk profiles for things to really be all well and fine! It kind of reminds me of “Summer of Sam” by Spike Lee. The blood is not yet spilled but the fear is there all right!

Anyway, here are the figures and the dealflow has been rather mild, but I guess it does not mean much. As my Microsoft Digital Advertising friends like to say:

It is not about counting the people you touch but rather touching the people who count!

CapitalFinance VC Summer Trend

 

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Back to earth

August 27, 2007

It has been exactly one month since I last did a post here. Back from holiday today I cannot resist a short note on the financing of innovation and private equity in general.

Capital Finance gave on July, 9th the following 3-year investment trends for Limited Partners in private equity. Interestingly enough venture and buy-out are mostly up.

Capital Finance -  LP investment trend in PE

In the light of the subprime crisis and the probable increase in interest rates in the EU, it would be interesting to ask the exact same question now…

And to finish on a good note, just listen to this one found on Marc Andressen’s blog. As the City is about to let go of a bunch of bankers it gives interesting insights as to what the mood is in the US!


Venture Capital life prognosis

July 17, 2007

Just a quick note to share this good paper found on Wired about pressures facing the Venture Capital industry and its limited returns (on average that is; if you only backed NSCP, YHOO and GOOG you’re good!)

My take on this one is that as soon as the first major failure hits the fan with PE leveraged deals, the VC asset class will automagically be considered again, if only to diversify your portfolio’s risk.

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Microsoft to support interactive designers: “IDEES de Design” launches in France

June 24, 2007

I am very proud to announce that “IDEES de Design” is officially launched here in France. Its goal is to promote digital design, and especially interactive designers. These skills become more and more critical as the digital side of our daily lives gets bigger and bigger.

The IDEES program has been around for more than a year now. “IDEES de Design” will follow suite and embrace the global digital design ecosystem. We do believe it is both an economic challenge for both our partners and customers but also a national one when it comes to promoting our digital assets.

The press release (in French) can be found below.

Read the rest of this entry »


VC in France: First five months status

June 12, 2007

Capital Finance

Capital Finance just released its survey on the French venture capital market for the first 5 months of the year.

May was a busy month with close to 50M euros invested in start-ups. Two thirds are for biotechnology firms and a good 28% of these funds are dedicated to first round financing, which is a good sign of the vitality of the French market.

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Life at microsoft France is hard!

June 8, 2007

Codordog @ work

Working at Microsoft in France can indeed be hard. Here is Julien Codorniou practicing his put while having an intense conversation with a promising startup.

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Groupe Reflect to merge with Emakina

May 29, 2007

GR & Emakina

It is now official: Groupe Reflect and Emakina have merged, forming one of the largest web agencies in Europe.

Congratulations to both of you and farewell!

Already waiting for the next steps…

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.Gr: H-24

May 28, 2007

Groupe Reflect

24h to go… DO check back tomorrow, it is gonna be BIG!

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Blue Organizer – semantic browsing the way it should be

May 28, 2007

Blue Organizer

So you think you know what “semantic web” stands for? Well, sure you do. But how does that translate in how you browse through your daily overdose of information?

I have tried Blue Organizer over the week-end and find it both easy to use and ultra convenient. Basically, it enables you to find information that is related to what you are currently reading and also organize, publish and share information. It is an add-on to Firefox definitely worth trying as it saves you an incredible amount of time. It is probably quite a hint that Union Sq. Ventures decided to fund these guys!   

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VC activity still strong in Europe in Q12007

May 22, 2007

(c) CapitalFinance

As reported by Capital Finance, Incisive Media-Candover data on PE activity in Europe in Q12007 are quite telling.
As far as traditional PE goes, no less than 400+ deals have been done, a strong increase year-on-year.
On the venture side, early-stage deals are taking the lion’s share and activity in France is still very strong, a close second behind the UK and far from Germany where the local VC industry has yet to catch-up with the  market’s potential.

 

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