Could Paris be the next Silicon Valley? The Podfather says ‘oui, oui’

The iPod and Nest creator thinks so

TRD WEEKEND EDITION /
Oct.October 22, 2017 12:07 PM

Tony Fadell. ( Zinneke, back/ OFFICIAL LEWEB PHOTOS, front)

Tony Fadell, the man behind the iPod and Nest, is founding a tech investment firm in Paris and is giving the world one piece of free advice ahead of the company’s launch next month: move to Paris.

“Here it’s not as crazy-competitive,” Fadell told the Wall Street Journal. “Everyone is helping each other.”

Fadell’s new firm, Future Shape, will advise and invest in tech projects across industries ranging from agriculture to pharmaceuticals, fashion to biological science.

Future Shape will run out of Station F, a newly-opened campus in Paris’ 13th arrondissement, which was crowned the biggest tech hub in the world upon its inauguration. Station F was founded by entrepreneur Xavier Niel who, like Fadell, says Paris is the place to be.

“Paris benefits from a great political environment right now,” said Niel to the Journal. “We have a young president who is start-up friendly. France has capital, tax-incentive measures for entrepreneurs and a great disruptive mind-set.”

Allons-y!

[WSJ] — E.K. Hudson


Related Articles

arrow_forward_ios
Eric Gordon

Eric Gordon on the evolution of the residential data game — and how to stay competitive in the new world

Big Tech locations in NYC

MAP: Here’s a look at all the Big Tech locations in NYC

What will proptech look like in 2019 and beyond?

What will proptech look like in 2019 and beyond?

Airbnb CEO Brian Chesky and Jersey City Mayor Steve Fulop (Credit: Twitter, iStock, Airbnb)

Stakes are high as Jersey City residents vote on Airbnb

Apple follows Google, Facebook with $2.5B Cali housing plan

Apple follows Google, Facebook with $2.5B Cali housing plan

Warburg’s Clelia Peters (Credit: Getty Images, iStock)

Warburg’s Clelia Peters joins board of VC-backed brokerage

Igluu co-founder and CEO Martin Mucha (Credit: iStock, Linkedin)

New listing service aims to knock StreetEasy off its perch

Facebook CEO Mark Zuckerberg and Apple CEO Tim Cook with a rendering of the Farley development (Credit: Getty Images, SOM iStock)

Facebook facing off with Apple over space in Vornado’s Farley Building conversion

arrow_forward_ios