Down but Not Out in Silicon Sentier

The dot-com boom transformed this garment district into the high-tech haven of Paris. It hasn't always been rags to riches

The Internet sure did turn things around in its heyday, spreading new business models to all corners of the globe. And as Paris caught on to the buzz, it saw the metamorphosis of its bustling right-bank garment district, Sentier, into a startup haven. Attracted by high-speed phone connections used by the nearby Paris Bourse, Internet entrepreneurs started taking over former apparel warehouses in the neighborhood, located in Paris' 2nd arrondissement, during the height of the Internet boom in January, 2000. Paris suddenly had its "Silicon Sentier" just as California had its Silicon Valley and New York its Silicon Alley.

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