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nopless

2 karma · joined May 28, 2018

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nopless··on Macron Vowed to Make France a ‘Startup Nation.’ Is It Getting There?
Well 2,8k € per year (small startup) or per month (half time accountant) is nothing. How much will you pay in the USA?

Regarding fiscal stuff. I am afraid to say that this is the same in all countries... You better know the fiscal laws or request help from someone who knows. In any case, you are refering to 19k per year... It's not what we can call a strong showstopper!

Regarding 2 last points, it's clearly your point of view and I don't share it.

nopless··on Macron Vowed to Make France a ‘Startup Nation.’ Is It Getting There?
I am curious about the real number of founders in this thread? It seems that most of the replies are focused on system criticism… and it's a completely false statement. Creating a startup in France is really easy to do if you do it well. Take an accountant and he will handle almost everything for you, from the creation to the run. Man Power is cheap compare to the USA. The only limitation seems to be the motivation… and to become a founder you are going to need a lot of motivation !

So what are the difficulties: 1. Market 2. Money

The initial market is small. This means that you need to go directly to international business. We have Europe but the point is that Countries are a little bit too patriot. From this point, addressing the USA market is really difficult without having a headquarter there, even with fully digitalized services and English native commercials. Don't know why but you can read Criteo founder's feedback on this point. Addressing China is almost impossible. So here is the point: to address Europe and USA you need huge funds.

Money is easy to get at the beginning and you have a lot of public helps on this phase. Then it's more difficult (>2M€). VC market is clearly not as developed as in the USA. That where most of the startup ends… Best case, you will raise money in the USA and move there. Otherwise you are looking for an exit.

That will be my conclusion. France is a very cheap place to buy a startup ! (An no such bureaucratic barriers).