The video of the startup caravan event , courtesy of Blueokapi is now available. Have a look at the overview of this amazing day! When we said that the day was fully packed, we meant it..
The first session in the day-long event looked at UK-based investors’ perception of French start-ups – most have seldom bothered to invest there. “Last year, I had a deal flow of several thousand start-ups”, said Stefan Glaenzer, founder of Passion Capital. “Of those, I only saw two based in France”. This is partly because French start-ups lack the reflex of seeking foreign investment. But France’s public investment in start-ups also has the effect of ‘crowding out’ external investors: as Sitar Teli from Doughty Hanson explained, “they will offer terms to start-ups at valuations that are way too high and start-ups will – justifiably – accept our funds only if we match that valuation.”