In the US, they’re buying not just the product but the experience and the team. It’s costly to expand there. Stop please Harry telling founders they must move to the US. It’s not a fun life to go just for one day but do what’s best for you.

Eleonore C.: The only thing that matters in a company is doing the right hiring. We made so many mistakes. One of the biggest was not staying true to our core values.

The French ecosystem is internationally perceived as great at building products, but weak on commercialization.
It still lacks 2-3 major unicorn exits to solidify its global standing.

Some Insights:
• French startups (excluding AI) raised 11% less year-on-year, but including AI, they raised 2% more.
• Paris has established itself as the AI hub of Europe.