There’s only one market. –Oki Matsumoto CEO of Monex Group I was speaking with a startup CEO the other day about a fresh new entrant company in his space that had just raised an ICO. This first CEO’s startup was kicking it old school, i.e. they had launched long before ICOs became a thing, had […]
Just when it felt like the market for European tech IPOs was opening, the events of the past few weeks have dashed those hopes. Days after Deezer announced the delay of its initial public offering, HelloFresh drew the same conclusion. In France, the only notable IPOs of late were Amundi and ShowroomPrivé. The asset management […]
Last week I wrote a fairly critical piece about France’s IPO market for tech firms. Specifically, I claimed that the Alternext, which is the main market on which VC-backed tech firms can go public in France, does not represent an adequate avenue for sustained financing and liquidity potential for these firms. Rude maybe, but surprisingly […]
The other day during a stimulating conversation with five of French tech’s movers and shakers, the subject came up about the challenges facing high-potential tech firms in need of growth capital. Setting aside the Yahoo/DailyMotion debacle for a moment (which I fear will carry disastrous long-term consequences for cross-border m&a, one of the three ‘arrows’), […]