Minister Emmanuel Macron invited me this week to join a group of international and French investors to discuss the French tech scene, followed by a dinner at the Elysee Palace with the President.
I’m impressed and pleased my Country started the “French Tech” program which promotes the French tech scene in France and internationally. I’m also impressed that both President Hollande, Ministers Macron and Lemaire put together such an event, it definitely shows they care and the participants were pleased.
The goal was to increase awareness to the international VC community and eventually have them invest more in France, investing in startups or acquiring some of them. Emmanuel Macron addressed the Uber issue immediately saying that it was totally legal and welcome in France, he just wanted “Uber Pop” (the French version of Uber X if I follow well) to follow the law.
In his traditional non-bullshit style he addressed the concerns of the investors such as too much depending on the employee representation (comites d’entreprise) above 50 employees, social rules (such as to hire and fire) too complex “that we don’t even understand it”, etc. The participants were pleased by the answers he provided and seemed enthusiastic in investing more in France especially as they now have a direct contact with Emmanuel and his team.
Read more : https://www.linkedin.com/pulse/dinner-president-hollande-loic-le-meur?trk=mp-reader-card