INTRO TO THEPARIS STARTUPSCENELiam BoogarEditor, Rude Baguette

PARIS STARTUP SCENE 101AGENDA

‣ 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.

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INTRODUCTION 3

WHO 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

100 YEARS OFFRENCHINNOVATION INONE SLIDE

Intro to the Paris Startup Scene

THEN

5100 YEARS OF FRENCH INNOVATION IN 1 SLIDE

7,500 in 2011(2nd in Europe,4th in World)

Top Schools in FranceAre for Engineers

Well-developedTechnical

Infrastructure

TODAY

FRENCH TAXES.TOUGH ONREVENUE.GOOD FOR R&D.

Intro to the Paris Startup Scene

CIR: Subsidized R&D up to €100M

7FRENCH TAX LAWS – FAVORING R&D OVER REVENUE

1st year: 40%2nd year: 35%

Every yearonwards: 35%

All R&D beyond€100M subsidizedat 5%

JEI Status: Subsidized employmentof designers & developers

20% tax on topof salary

€ 40K salary =you pay €48Kinstead of €60K

OSEO: €650M SMB Grants forinnovation, expansion, and R&D

Traditionally underpaid instartups (35-40K€/year)

8FRENCH ENGINEERS – OVERQUALIFIED / UNDERPAID

Myths

1000s of new engineers coming outof France’s top engineering schools

35 Hour Work Week Impossible/Expensive to Fire

Facts

THE PARISSTARTUP SCENE:

WHOWHATWHERE

Intro to the Paris Startup Scene

ENTREPRENEURS

Xavier NielMarc Simoncini

JB RudelleTariq Krim

Jacques-Antoine Granjon (JAG)

THE PARIS STARTUP SCENE: WHO/WHAT/WHERE

STARTUPS

Iliad (Free/Free Mobile) – made his money in MinitelMeetic – Founding Partner, Jaina CapitalK-Mobile Kiwee, CriteoNetvibes, JoliCloudVente-Privée

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Who you should know…

NOTES / INVESTMENTS

(1- 5M €) ISAI(~1M €) Jaina Capital

(Seed +Series A) Elaia Partners(300K €) IMA Ventures

VC FIRM

Invests 1/quarter: BlaBlaCar, Shopmium, Commerce GuysTakes Majority Stakes: Appsfire, PlyceAllmyapps, Criteo, Sigfox, Scoop.it, YkoneSparrow, Rapportive, Paper.li, FreshPlanet

“Most Active Angel Investors in the World” -BIPartech, Ventech, 360 Capital, Omnes Capital, Xange

eCommerce

WHAT WE DO WELL.THE PARIS STARTUP SCENE: WHAT? 11

Internet of Things Beautiful Apps Marketplaces

SILICON SENTIERTHE PARIS STARTUP SCENE: WHERE? 12

THE FRENCHMARKET.PENETRATE IT.

Intro to the Paris Startup Scene

A FEW FIGURESTHE FRENCH MARKET. PENETRATE IT. 14

65 MillionInhabitants

50 MillionInternetUsers

#2 city inEurope

#2 city in Europe

#2 in VC in Europe

Q&AINTRO TO THE PARIS STARTUP SCENE 15

THANK YOU.INTRO TO THE PARIS STARTUP SCENE 16

@LIAMBOOGARLIAM@RUDEBAGUETTE.COM