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In the next few years I think Paris might become quite an interesting place. (disclaimer: I live there) It's already booming compared to a few years ago, it is
by Jacqued 11y ago
In the next few years I think Paris might become quite an interesting place. (disclaimer: I live there)
It's already booming compared to a few years ago, it is seeing some significant successful startups (Criteo, Blaclacar...), and the ecosystem is clearly growing at an accelerated pace, with new companies, new spaces, new schools, new events appearing all over the place.
In 2016-2017 a few really large incubators are to open. Like the one championed by Xavier Niel which will host 1000 startups in a gigantic railway warehouse converted to startup offices (I bet that neighborhood is going to feel that change!), or another one opened by the City that will host 300 startups.
All in all I expect a frantic activity in the next few years. Now with so many startups (and hopefully a few great ones in the lot!) the scramble for financing is bound to be pretty harsh.
- scrollaway 11y agoI'm french, lived in Paris for a while. Paris is absurdly expensive, and the French govt is fairly bad at understanding worldwide collaboration and the needs of their businesses. I'm not sure France is a good country to be in right now.
- Jacqued 11y agoWell, - I did not talk about the government, but I don't think it's that bad in France compared to most places in the world. Sure, some places like the Nordics seem to have pretty decent governments but at the end of the day in almost every country in the world the government is going to suck and you'll have to succeed despite them. - Paris is "expensive" but it's still a LOT cheaper than other comparables cities, eg. London. I won't even talk about NYC or Silicon Valley. - The ecosystem is blooming right now, and if it keeps up as I think it will, that means a tremendous number of opportunities for an ambitious person willing to start a business or work with startups. - Funding sucks. But then again it sucks everywhere on the planet apart from SV so that's that. At least people who have worked in France can live on pretty decent unemployment checks for up to two years while they bootstrap the business so that's helpful enough.