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a16z Podcast

The Olympics of Talent: France's Tech Boom

a16z Podcast

a16z

Science, Innovation, Business, Entrepreneurship, Culture, Disruption, Software Eating The World, Technology

4.41.1K Ratings

🗓️ 9 August 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

Once criticized for lacking ambition, French founders are now aiming to create the world’s largest companies. With a thriving ecosystem attracting talent from across Europe and the US, France is becoming a major player on the global stage. In this episode, we cover the unique advantages of building startups in France. Roxanne Varza, Director of Station F; Antoine Martin, co-founder of Amo and Zenly; and Brian Kim, a16z consumer partner, discuss the key factors driving this transformation, including infrastructure, community, and government support. Discover how international talent, a supportive community, and robust governmental backing are propelling France’s startup scene. This episode is filled with insights into why France is now an exciting place to build a startup.

Transcript

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0:00.0

There is a distinct advantage of building companies in France from dollar perspective.

0:06.0

I think France is now on the map.

0:09.0

We see a lot of folks who come from Europe or come from the US and decide to move to Paris and contribute to the startups

0:15.6

in the same way that this happened with Silicon Valley 15, 20 years ago.

0:20.3

That was the main feedback that all the entrepreneurs in the ecosystem heard for many years

0:25.3

You're not being ambitious enough. You're not being ambitious enough

0:28.1

The French founder that I've met oftentimes the ambition isn't that.

0:33.2

Ambition isn't even the Eurozone.

0:35.3

Ambition is we're going to build the biggest company in the world.

0:39.5

It was dirty in France to say that a few years ago. That's the one thing we need to crack.

0:47.4

The Olympics returned to Paris this year,

0:49.4

precisely 100 years since the city lest hosted the event.

0:53.0

Hopefully you've caught some of the highlights,

0:55.0

like how the world's fastest man was only a fraction of a second faster

0:59.0

than the athlete who came forth,

1:01.0

just shy the podium.

1:03.0

Now, every game is filled with these incredible moments

1:06.0

as host nations use the event

1:08.0

to show their strength as a country,

1:10.0

while over 180 participating nations do the same with their athletic talent.

1:15.5

But as the games do approach their clothes, it's worth reflecting on the fact that in the

1:19.6

98% of the time, when the Olympics aren't happening, countries show their strength with their talent in other fields and increasingly in technology.

...

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