Deviant Abstraction

Pierre Chappaz, founder of Kelkoo and ex CEO of Yahoo Europe asks why there are just a few of Web 2.0 entrepreneurs in France?

I don’t know whether or not France is bad for entrepreneurship.

(source SW4 from FlickR)

However one of the founder of Flickr said recently in a post called It’s a bad time to start a company: “Everybody else is starting a company. This is crazy”.

I cannot agree more with the title of the post and this quote. Maybe not in France, maybe not in the UK, but globally everybody is starting a web 2.0 company. The competition is globalized. When you are entering this market, you need to think globally even with a two person teams. as DMY puts it: “this time the me-too will not work”. For instance a lot of French are already on MySpace and YouTube. Those services have not even been localized to French! This means you need to create something. Internet disintermediates everything. To create a long standing business, you need to build something: whether software, great customer relations, a script; you need this to succeed and it is hard.

Those facts do not discourage US entrepreneurs to create their company instead of thinking about the next wave of innovations. Why?

This entry was posted on Saturday, April 29th, 2006 at 1:23 am and is filed under web2.0, web. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.