French Tech Billionaire Sees Paris Rivaling Silicon Valley
- New giant incubator aims to draw investors and inventors
- French capital jumps from No. 10 to No. 3 and aims for No. 2
French billionaire entrepreneur Xavier Niel sees Paris rivaling Silicon Valley as a technololgy hub. He speaks with Bloomberg's Caroline Connan on 'Bloomberg Markets.' (Source: Bloomberg)
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French billionaire entrepreneur Xavier Niel aims to put Paris on par with Silicon Valley for technology investment and innovation and has built a gleaming startup incubator in the city to host those ambitions.
“People think in France it’s complicated and tough to create startups and become successful,” Niel said in a Bloomberg TV interview Thursday in the French capital. “It’s why we need this kind of initiative, to create cases which can help our country to become the biggest country for tech in the world. We hope we’ll have the next Facebook here.”