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Comment on Macron Secures €5B Investment to Boost French Tech Startups

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This is just a gimmick. France is not America. That does not mean it doesn't work; it's just a different model. The focus should be on improving the current system rather than trying to import a model that is too culturally incompatible. The current system is essentially a technocracy, with the government and a few large companies working together (but in a different and much better way than they "work together" in America). So far, it has remained mostly meritocratic, with a few exceptions, naturally. This has produced amazing stuff; the Minitel (first nationwide computer network in the world, as far as I can tell), focus on nuclear power, high-speed trains, Airbus, an entirely indigenous launcher and defense program and so on. And a generous welfare system that used to work.

Him mentioning "unicorns" is just silly in a country where almost no one cares about the stock market. It would be more sensible to focus on SMEs and catch up with Germany and Italy, that have a more robust network of middle-sized industrial companies.

They do seem to be dominating the no-frills end of server hosting with OVH and Online.net/Scaleway. Perhaps an exception, but it's interesting that they have little US competition in that niche.

Well, the French and American approaches to customer service are different, to say the least. So if you can't compete on customer service, you compete on no customer service :D Meaning costs and technical aspects.

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