Jul 4, 2017
Why France Is Taking a Lesson in Culture From Silicon Valley
Posted by Derick Lee in categories: finance, government
While France needs to lure more international investors and further ease rules for entrepreneurs, the country, backed by government officials and tech leaders, has started to inject new energy into the start-up scene. France has already become one of Europe’s top destinations for start-up investment; venture capital and funding deals last year surpassed that activity in Germany, making it second only to Britain in Europe.
A new start-up incubator in Paris symbolizes France’s tech ambitions, but can the land of the 35-hour workweek overcome its cultural and regulatory barriers to surpass London and other tech hubs?