Florent de Gantès

@paulichon Le cadeau empoisonné de Schrödinger.

Le pge. Ce cadeau empoisonné pour certains.

@merci I grew up on these streets

@renate Bad move, Europe. Also ... Would you share the listing for the home you're selling?

Sorry man. Hey, at least it means you really know — you’re putting it all on the line.

This one hits hard. I’m selling my dream home (renovated over 3 years with heart and soul) because European banks refuse to lend to me as an entrepreneur. I’m basically unemployed in the eyes of French banks, lol. Anyhoo—made it to SF, letss gooooo

@danhightower Be prepared to fund Rest and Vest for a lot of people!

Figma employees, if you were about to use your cash to start something or fund something, but got shafted, DM me. I'll back whatever it is.

@merci the analogy I used recently with my team was "opening up new chrome tabs every few minutes"

@marktluszcz Interesting but partial (and misleading) take. My read is that he's being realistic (2C is already missed) but saying "we should really stay at 2ish and not be irresponsible and get closer to 3". Full article: fortune.com/2023/12/04/bil…

Looks like the climate alarmist have been "as usual" excessive… “The world probably won’t meet the Paris Agreement’s goal of keeping temperature rise below 2C….BUT: Fortunately, if you stay below 3C, a lot of the ill effects that people have heard about don't happen unless you really are irresponsible and let it get up to the higher range.” Bill Gates bloomberg.com/news/articles/…

@hkanji ClosedView

Tis the season for venture shutdowns theinformation.com/articles/vc-fi…

@jswallez Teampact is 100% about the people and the team dynamics. If you can make the AI good enough, we'll work with you

a ChatGPT fund? ai evaluates market, idea, metrics, do due diligences, etc. (just ask founders to drag and drops docs & screenshots) — partners 100% focus on people, product and growth.

@jswallez Love the concept, can now also build a fund of fund, a corporate investor, and an institutional investor please ?

Double tap like, say thank you, answer dms (even late) and you're nicer than 99% of people on the Internet.

@kiran If it works, nice status symbol to wear in public Also, impossibly easy to steal, don't you think?

What they've done here is remarkable. hu.ma.ne/aipin

@peteflint Gotta leave some crumbs for others!

Thanks Inman News for the recognition of the Inman’s Best of Proptech Award for 2023 in Venture Capital. Full list here: inman.com/2023/11/08/inm… . Feels like I've come full circle after winning 10 years ago the 2013 Inman Innovator of the Year award. businesswire.com/news/home/2013… <--- that's a blast from the past... From being the innovator, to now investing and advising many incredible founders building the next generation of PropTech companies. 🙏 @Inman, @NFX and congrats to all the fellow winners.

@ttunguz Here's an old but fair counterpoint: hbr.org/2001/06/the-ea…

@flodegg this was the other quote I was toying with but I figured earnings are unlikely to be a bad measure of a business.

Six quarters ago, profitability became the most important factor to public software valuations. 14 public software companies have reported earnings in this quarter so far. These companies’ earnings surprise has been prodigious. Earnings surprise is the difference between how much the market expected in earnings compared to actuals. Positive surprise means a better result than expected. The average earnings surprise so far is 48%. Contrast that figure to 1% revenue surprise for the same companies. The efficiency efforts enacted by the office of the CFO have produced more net income than the market expected. Peter Drucker once said, “What’s measured gets managed.” The quirky thing about the market? There’s no correlation between the Earnings Surprise & the revenue multiple for any of these businesses. The R^2 is 0.03 - these figures are orthogonal. Rerunning the original analysis today, the top correlate across the entire set of public companies is revenue growth once more. And twice as important as any other factor. RG is revenue growth. NIM is net income margin. CFO is cash flow from operations divided by revenue. RGP is Revenue Growth Projected over the next 12 months. SE is sales efficiency. GM is gross margin. The fuller quote from Drucker is “What gets measured gets managed — even when it’s pointless to measure.” Perhaps earnings aren’t pointless to measure, but the market has changed its valuation methodology - again.

@ikirigin Here's a hypothetical I've used with founders: "Imagine Sequoia (or a16z, Lowercarbon, etc) offers to lead the round at a very healthy valuation, but on the condition that you step down as CEO and sell your shares to them. What do you do?"

What can you ask in an interview that would filter out people that aren't going to be mission driven, bringing their politics into the company?

@DanielleMorrill I can taste it just from the looks of it...

@jefielding You need balance on the founding team :) But if you have to choose one, it's pretty clear that execution gets your first customers and vision gets your first investors ; I'd choose execution every time because the goal is not to raise money but to build a business.

On a panel tonight and a founder in the audience asked… ‘does vision or execution matter more at the pre-seed?’ I said execution, other panelist said vision. Vision can change but the ability to get from 0-1 is everything. You cannot pick both as the answer. Wdyt?

@braizh @dust4ai @poolsideai I'm in!

We're hosting a small afterwork event on Nov 14 with @dust4ai and @poolsideai. Who wants to meet fellow Paris AI devs? (don't wait too much, only few spots left!)

@thegallowboob The Harry Potter vibes are strong, not finding any suitable Quidditch jokes @jk_rowling

This owl stole a kid’s stick-horse toy and has been riding it around town in true Halloween spirit

@marek_ That YOY growth number is incredible!

The DAUs keep going up. Celo just overtook Starknet and is now ranked 6th.

@alexferrara Brave and important decision

We've decided to cancel our participation at WebSummit given the recent string of comments by the founder. We condemn the acts of terrorism and murders by Hamas.