Jeffrey Bussgang - Venture Capitalist - building meaningful business relationship to generate handsome returns

In previous post, showed that Fabrice Grinda is generating handsome returns for several reasons : wise time allocation going for a high potential business model efficient risk mitigation unit economics Today, I’m going to look at a few other principles. Sixth principle to securing handsome returns : Fabrice is assessing a team’s relevance based on 2 distinct abilities 1/ Do we like the team?…

In a previous post, I discussed how the world’s top seed-investor, the Franco-American Fabrice Grinda is generating superior returns in seed investment. I discussed 2 of his 8 principles, including wise time allocation and going for startups operating on platform-based business model. Today, I talk about several other principles related to platforms and funding positioning. Third principle on generating superior returns in seed investment…

Top Venture Capitalist

In a previous post, I discussed how Venture Capital creates value. The Venture Capital business consists in investing in money-losing companies offering superior growth rates and the prospect of 100x returns in 5 to 7 years. But, in truth, many VCs don’t return the capital to their Limited Partners, as Private Equity and advisor to the Kauffman Institute, Diane Mulcahy has shown in an…

Categories investment and innovation

How VCs create value


Venture Capitalists create value

VCs are in risky business as mentioned in a recent article where I talked about how the Venture Capital business operates. Yet the world’s top seed investor, Fabrice Grinda is developing a systemic approach to generating a steady 68% realized Internet Rate of Return. I’ll talk about my conversation with Fabrice in an upcoming article. In this article, I’ll talk about how VCs create…

Categories investment and innovation

Introducing the Venture Capital Business


How does the Venture Capital Business operate? Most would agree that innovation investments come with high risks especially compared other asset classes like real estate and publicly traded indexes. Yet, in a recent conversation with the world’s top seed investor, Fabrice Grinda, I learned of his systemic approach generating a steady 68% realized Internet Rate of Return across 540 deals since 2009. I’ll get…

Yes, adding capacity is a must, but minimizing risks proves crucial too Building additional capacity is only addressing part of the issue. The ecosystem here in France would surely benefit from boosting capital efficiency ; that’s the value created per dollar invested. Turning 5 billion euros to 15 billion euros starts with making each dollar count and mitigate risks. According to Crunchbase and the Journal of Empirical…

Emanuele Levi - 360 Capital Partners - General Partner

Comment développer l’écosystème d’innovation européen? Quel est le secret de la Silicon Valley ? D’où vient l’essor du « Venture Capital » aux États-Unis ? Voici quelques-unes des questions qu’Emanuele Levi, fondateur et partenaire de 360 Capital Partners, et moi-même avons évoquées au cours d’une discussion récente. I/ Présentation d’Emanuele Levi Emanuele Levi a fait ses gammes dans le conseil en stratégie chez Bain avant de s’orienter vers…

Claus Hirzmann - Competitive Strategies for investing in innovation and agility

What are the strategies for investing in innovation? How to provide access to opportunity while managing risks carefully? I used to think that the Net Present Value (NPV) metric was the best to enable value generation while minimizing risks. But, innovation investment expert, Claus Hirzmann thinks otherwise. He told me why in a recent conversation at Vivatech. It’s all here ! Please introduce yourself…

Damien Garot - Jansky Partners

Quelles innovations bouleversent les acteurs établis de l’espace ? La question en tant que telle peut surprendre. Pour ma part, je croyais que l’économie de l’espace demeurait à l’abri des disruptions digitales du fait de la puissance des acteurs établis. Mais, une discussion avec Damien Garot, fondateur de Jansky Partners, m’a amené à une conclusion différente. Il m’a notamment indiqué que de multiples disruptions sont…

Categories investment and innovation

Un startup studio, comment ça marche?


Jeremy Goillot - Growth Hacker - Spendesk - eFounders

Un startup studio, comment ça marche ? Comment accompagnent-ils les entrepreneurs, de la génération de l’idée à la levée de fonds ? Voici quelques-unes des questions que Jérémy Goillot, Directeur de la croissance de Spendesk, et moi-même avons évoquées au cours d’une discussion récente. A/ Présentation de Jérémy Goillot Jérémy Goillot a travaillé dans la vallée de l’Internet des objets à Toulouse avec Ludovic Le Moan…