investment and innovation Archives

Building a successful marketplace startup

June 16, 2020June 16, 2020

How to build a successful marketplace based startup? And why would one want to focus on building such a startup in the first place? What are the most promising segments in the space today? To tackle these questions, I draw on: A recent conversation with the world’s top seed investor and expert in marketplaces, Fabrice Grinda A recent conversation with Romain Serman, Head of BPI…

8 steps to earning superior returns in Venture Capital

June 2, 2020June 9, 2020

Fabrice Grinda, the world’s top seed investor, is developing an efficient investment strategy and achieving a steady 68% realized Internal Rate of Returns since 2009 across 540 startup investments by following a specific investment guide. Fabrice is following an investment philosophy much different from most Venture Capitalists: 1/ Many VCs are spending their time in low return startups while Fabrice, independent of LPs for capital,…

Capital efficiency, investment and innovation

On generating a steady 68% IRR in seed investment : advice from the world’s top investor (3/3)

April 28, 2020May 25, 2020

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?…

Capital efficiency, investment and innovation

On generating a steady 68% IRR in seed investment : advice from the world’s top investor (2/3)

April 10, 2020May 19, 2020

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…

Capital efficiency, investment and innovation

On generating a steady 68% IRR in seed investment : advice from the world’s top investor (1/3)

March 31, 2020May 19, 2020

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…

investment and innovation

How VCs create value

March 24, 2020May 19, 2020

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…

investment and innovation

Introducing the Venture Capital Business

March 17, 2020May 19, 2020

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…

Capital efficiency, investment and innovation

Building 25 unicorns by 2025… and disclosing the secret to turning 5 Billion Euros to 15 – (2/2)

October 22, 2019October 21, 2019

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…

Financement de l’innovation, investment and innovation, Silicon Valley

S’inspirer de la Silicon Valley permettrait de développer l’écosystème d’innovation européen

June 11, 2019June 13, 2019

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…

investment and innovation, Theories of innovation

Competitive strategies for investing in innovation and agility

June 5, 2019June 6, 2019

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…