Startup Nation? Entrepreneurs Still Toil in Macron's France
- France spawns a ‘forest of bonsai trees’ but no real giants
- Scaling up is still a problem, although progress is being made
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For all President Emmanuel Macron’s talk of making France a “startup nation,” technology entrepreneur Christophe Sapet says he still has to deal with some of the same hurdles he faced starting out 35 years ago.
“We set up in France around the same time as our rivals were starting in the U.S., but quickly they were raising 100 times more from investors and selling across the country,” Sapet said. “Meanwhile we were stuck translating into 20 European languages.”