What I am reading:
In previous years it’s fair to say that France has not exactly been a hotbed of entrepreneurship, despite actually coming up with the word entrepreneur. There is a general anti-business culture and talking about business or money is seen as beneath mainstream society. For instance, there are 65,000 psychology students in France – that is a quarter of the European total for that subject.
However, to think this is still the case is to completely miss the sea-change that is happening right now.
Our recent TechCrunch Paris event was buzzing with entrepreneurs, and TechCrunch France has relaunched with a bang.
So it’s fascinating to see that ISAI, billed as the French internet entrepreneurs’ fund, has announced the first closing of its “ISAI Developpement” fund, dedicated to early stage internet investments. It will have €24m under management and brings together about 60 internet and software entrepreneurs under one umbrella.
View full post on TechCrunch
