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Happy new year to all the readers of this blog. May 2014 be full of enjoyment and enlightenment !
I was recently solicited for my 2014 wishes for the French tech ecosystem. Here’s the answer I gave, and I encourage to read many other insightful and incisive new year’s wishes on the Rude Baguette.
Fewer Zombies.
My wish for the French tech ecosystem in 2014 is fewer zombies. Put another way, a slightly warmer embrace of failure. For would-be entrepreneurs, this means being able to leave their comfortable yet mind-numbing corporate jobs to venture our on their own without the stigma attached to their inevitable stumbles along the way. For politicians, this means occasionally going out on a limb to stand for something that is in the country’s interests though not politically or personally expedient. And for VCs, this means having the courage to take more risk than just encouraging a strategy of ‘generate Ebitda’, putting their money where their mouths are, owning up to investment mistakes and accepting portfolio loss ratios.