MD Tech Clients @ Orrick | ex VC | President FrenchTech London | Keynote Speaker | Founder DisruptVenture | 30 Seed Investments | Creative @ ❤️ & Father of 2

Joined January 2010
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Raph Crouan retweeted

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Raph Crouan retweeted
3 Dec 2024
YC on why vertical AI agents could be 10X bigger than SaaS:
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We need more of this !! What an achievement - a massive BRAVO to you @HarryStebbings for showing the nay-sayers & us all there is not only one way of playing the VC Game - compounding & networking effect at its very best! 👏🏻 ft.com/content/7b553b44-7c92…

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Proud to support this petition for a unified pan-European startup entity. Let’s unite Europe's startup ecosystems! eu-inc.org 🇪🇺 eu-inc.org/

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Do not impose VAT on French schools in the U​.​K. - Sign the Petition! chng.it/Mn9qRfjgfW via @UKChange
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Raph Crouan retweeted
Excited to welcome renewable energy tax advisor Mark Christy to #TeamOrrick. Mark joins our team led by John Eliason as we help our clients take advantage of the extraordinary tax equity and tax credit opportunities in today’s market. ow.ly/Z20250SIcnp
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Signed ! We should do the same in France ... very urgently ! @mayanoel @ClaraChappaz @roxannevarza
2 Jul 2024
Today we're launching our Manifesto for the next Government backed by 100 founders from across our ecosystem. Read it here and sign our open letter backing the plans at startupmanifesto.co.uk
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Join us !!
☀️ It’s July already! Time for our 𝐅𝐫𝐞𝐧𝐜𝐡 𝐓𝐞𝐜𝐡 𝐋𝐨𝐧𝐝𝐨𝐧’𝐬 𝐒𝐮𝐦𝐦𝐞𝐫 𝐃𝐫𝐢𝐧𝐤𝐬 event. Join us July 10 at 6pm & enjoy a 🍹 drink with our vibrant community, overlooking one of London’s best landmarks: 𝗧𝗼𝘄𝗲𝗿 𝗕𝗿𝗶𝗱𝗴𝗲. eventbrite.co.uk/e/french-te…?
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TRES TRES dur ....
🇫🇷 La pastille est dure à avaler... #electionsfrancaises
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Raph Crouan retweeted
12 Apr 2024
Raph Crouan (@raphcrouan), Managing Director at Orrick Technology Clients Europe (@Orrick), will be joining us at the Tech.eu Summit London 2024. Get your tickets before prices increase on April 15th!🚀 tech.eu/event/2024/summit-lo… #techeu #techeusummit24
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Amazing to see our @Orrick report well featured ! A LOT of great data to read in this ... and yes : we are still very bullish on Europe! #teamorrick #DealFlow4 🙏🏻 Big thanks to @mikebutcher for the excellent coverage.
5 Mar 2024
New report confirms Europe’s tech investment doldrums, but there are signs of life tcrn.ch/3V4TgnI
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Signed ! This needs to change and fast 👋🏻
📣 Today we have launched an open letter to the Chancellor calling on damaging changes to rules for angel investors to be reversed. Read the full letter here ➡️ angels-letter.com/ Or read more below 👇
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Raph Crouan retweeted
7 Jan 2024
Paris AI is on fire.
The ML ecosystem in France is on fire🔥 It has amazing talent and resources. Here are 10 facts you might not know: 1. There are great research labs - from @MistralAI and @kyutai_labs to large ones from @AIatMeta and @GoogleDeepMind. The Llama 2 and CodeLlama authors are based in France! 2. Did you know sklearn is maintained by @Inria (a top national research institution). 3. Companies such as @OVHcloud and @Scaleway are European leads in computing and hosting. 4. There is the Jean Zay supercomputer with 28 petaflops, where @BigscienceW Bloom was trained. 5. @huggingface has its largest office there🤗. 6. There is @joinstationf, the world's largest startup campus with 1k startups, and 42, a very interesting CS school. 7. It has top CS universities. Maybe they don't have international renown or prestige and they don't invest as much in marketing, but they are really top, and their alumni are really, really strong. 8. A thriving startup ecosystem, @MithrilSecurity @photoroom_app @giskard_ai ChainLit @zama_fhe and many others. 9. Unlike SF, it's not in a tech bubble. E.g., the fashion industry is very strong. There are many art collectives. A good example of the power of this is Obvious Art (obvious-art.com/), a collective of researchers and artists working with ML. 10. It's very well located in Europe; quick train ride away from other tech hubs such as London, Barcelona, or Zurich, as well as strong universities (EPFL, ETH, UK unis, etc).
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Marketing genius !! Well played @DiageoGB #guiness #Marketing youtu.be/Pgo1oPSFCwQ

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13 Dec 2023
We have formed a new global partnership with @AxelSpringer and its news products. Real-time information from @politico, @BusinessInsider, European properties @BILD and @welt, and other publications will soon be available to ChatGPT users. ChatGPT’s answers to user queries will include attribution and links to full articles for transparency and further information. openai.com/blog/axel-springe…
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Raph Crouan retweeted
18 Nov 2023
Dear Mira and Ilya - congratulations on your coup at OpenAI. Since both of you have together never raised a penny as entrepreneurs, let me explain what happens. Oh, and you *will* need to raise since your venture’s unit economics don’t make sense. Remember, you pay $0.30 every time someone asks a doofus question to ChatGPT. Heck, I sometimes ask the same thing 5 times. Also, the last deal at $80 billion valuation - is as dead as the Egyptian pharaohs. Glorious to write about and visualize. But super dead, under the sand, not coming back. Not only that - but you sideswiped your biggest partner, Microsoft. Of course publicly they will say the right thing, but you know and they know it and a random fellow like me knows it - they must be seething mad about it. Few of your top researchers have already quit, and if there is one thing Sam Altman is especially good at, it is raising and deploying capital. Before the sign with your name and title as “CEO” and “Defacto CEO” gets emblazoned in the OpenAI offices, Sam would have a new company, $1 billion investment and offers out to all your, soon to be ex, top product people and researchers. So you head into next week having lost your top dealmaker, top researchers, top product visionary, top partner and top investor, and with a business which has terrible unit economics. And let’s not forget - the two of you are not entrepreneurs. Most people in your board have never held a proper tech job ever. You have never had to face the abject rejection which follows from pitching many investors, going through the process, and getting to close. Getting to close is the toughest. Sometimes investors say yes, but they don’t actually mean it. Sometimes they even sign, and still don’t wire the funds. You will need to live through all of it, the pain and rejection, and feel intense amount of pressure of having to provide for your team members - who pays their mortgages, car loans, kids school tuition - the ones whom you played with at the last company picnic. After you are exhausted with the realities of the market - you will sell out OpenAI to Microsoft entirely, and be housed as Global Principal Product Managers in building 4 in Seattle, where it rains non-stop. Microsoft will never fire you, Satya will always say the right thing about you - because he is an honorable person. But deep down in your heart, as you are watching the Netflix movie on OpenAI and Joseph-Gordon Levitt’s wife plays herself as a board member who fired Sam Altman over Google Meet, you will think and realize that you had it all - you could have been at the helm of a $1 trillion company. History will forget you. Sam and Greg and everyone else would have moved on and forgotten about you. e/acc would have built out fundamental OpenAI alternatives in anycase..
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Brilliant speech!
Crushed it @KonstantinKisin Dare I say even topping the Oxford union speech Listen 👇🏼
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Raph Crouan retweeted
20 Sep 2023
Probably nothing, but Poolside AI is the 2nd notable startup to be announcing moving its HQ from the US to Paris in a week? (other one being The Browser Company) 🇺🇸🛫🇫🇷
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