Drift Signal

Drift Signal

Share this post

Drift Signal
Drift Signal
Financing Businesses in the 21st Century
Copy link
Facebook
Email
Notes
More

Financing Businesses in the 21st Century

European Straits #42

Nicolas Colin's avatar
Nicolas Colin
Nov 08, 2017
∙ Paid

Share this post

Drift Signal
Drift Signal
Financing Businesses in the 21st Century
Copy link
Facebook
Email
Notes
More
Share

Dear all,

My cofounder and CEO of The Family, Alice Zagury, was asked by the French government to draft a report on financing businesses in today’s economy—along with Jean-Noël Barrot, a member of Parliament (and a professor at the MIT Sloan School of Management!).

Financing businesses is a topic on which people like Alice, who work with entrepreneurs on a day-to-day basis, have a lot to contribute. Indeed a cornerstone of The Family’s strategy has always been our view of how entrepreneurial ventures should be funded in the digital age. I’d sum it up in four short theses:

  1. Launching a startup has undergone a radical commoditization, mostly due to cheaper technology. As startup capital costs fall at the earlier stages, there are more entrepreneurs willing to launch startups—and less need for angel investors.

  2. Just as startups multiply, we’re transitioning from the predictable (Newtonian mechanics) to the unpredictable (quantum mechanics). And the best weapon to survive as an investor in an u…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Nicolas Colin
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More