Tuesday, April 2, 2013

Silicon Valley France Respect Some will

Jacques-Antoine Granjon, founder of Vente-long haired privee.com Paris, France is not pleased with a presidential candidate. "The Web is a goldmine for the job," said Granjon, 49-years to make Europe's biggest discount retailer online. "But politicians just do not get it." With the unemployment rate at 12-year high, the candidates made the cut unemployment as a life priority. But they do not say much about encouraging the creation of the next Facebook or Google (GOOG) in France. French Internet entrepreneurs make a decent contribution to the economy, according to a study by consultancy McKinsey. The report said the French Internet sector accounted for € 72000000000 ($ 94 billion) in gross domestic product in 2010 France. To 3.7 percent of GDP. Internet businesses have created 700,000 jobs from 1995 to 2010.Yet Facebook, Google, and Microsoft (MSFT) to do more to encourage the startup of the French government than, say entrepreneurs like Dan Serfaty, who initiated the Paris-based Viadeo, the European social network for the range both professionals behind LinkedIn (LNKD) to customers. The U.S. unit of French companies identify local star, supporting them with funds and technology, and export their ideas. "France has a very powerful ecosystem, it is packed with seed companies, innovative startups, engineers, and talent," said Olivier esper, Google policy adviser in France, where the company has more than doubled its staff in the last 18 months, 400. "Countries have actually turning point." This is the first round of elections held on 22 April, the top two competitors squaring on May 6. Efforts two front-runners' turns into a race for the tax. President Nicolas Sarkozy has revived a proposal to tax companies like Google, Amazon.com (AMZN), and eBay (eBay) against their French income, accusing them of "fiscal dumping", pay almost all taxes in a speech on April 5. Socialist candidate Francois Hollande plans to slap a 75 percent tax on all personal income exceeds € 1 million. "Employers can hit a bullet is more dispersed," said Marc Simoncini, founder of Meetic dating sites, in a post on Twitter after the "millionaire tax" announcement Hollande. Technology Startups expected more from Sarkozy, who created the National Council of the Internet in 2011 and has hosted such as Google, Facebook, and eBay at a conference on the Internet. To create the next Facebook or Twitter, France needs to keep investors happy, said Viadeo of Serfaty. "If you want your company to develop and not just be able to buy, you need business angels, venture capitalists, and the possibility for entrepreneurs to get their business listed on the stock market," said jean Ferre, head of platform and ecosystem development in France for Microsoft . The candidates who took a different approach. In his first major campaign speech, Hollande said that financial "biggest enemy." His French startups often have no choice but to sell. Axel Springer acquired the site SeLoger.com French real estate advertising in 2010, while Japan's Rakuten France PriceMinister buy, sell used goods. Tariq Krim, Netvibes sold the company Dassault Systemes software (DSY) two months ago, says France may lose talent startups can get more foreign competition, and the London and Berlin proved better in attracting workers. As the industry moves more heavily on low-income countries, the politicians would do well to court technology startups instead on their way, said Granjon. "Internet afraid of the politicians," he said. "The new, and they are having trouble keeping pace with it. The Company does not vote, so politicians are just not interested in their "bottom line: France now $ 94000000000 tech business industry, but we have presidential candidates pay little heed to the needs of employers.

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