g-f(2)826 The New World (1/17/2022), Bloomberg, France Gets its 25th Tech Unicorn, Reaching Macron’s Goal Early

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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, Tech Unicorns (1/17/2022)  g-f(2)426 

Lessons learned, Bloomberg  

Macron set a new target of creating 10 European tech giants

• Warehouse robotics specialist Exotec raised funds at a $2 billion valuation, making it the 25th French startup to be valued at more than $1 billion.
• The Croix, France-based startup’s announcement Monday means President Emmanuel Macron has met a goal he set in September 2019 of producing 25 unicorns three years early. 
• In a Twitter video on the nation’s unicorns Macron set a new target of creating 10 European tech giants -- companies valued at more than 100 billion euros ($114 billion) -- by 2030. He said measures to achieve this would be announced in the coming weeks. 

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References

France Gets its 25th Tech Unicorn, Reaching Macron’s Goal Early, Benoit Berthelot, January 17, 2022, Bloomberg.

ABOUT THE AUTHORS

Benoit Berthelot

Reporter (@BenoitBerthelot) at Bloomberg covering tech, media, telecoms from Paris. Tips : DM or bberthelot@bloomberg.net. Book : 'Le monde selon Amazon'. 

Extra-condensed knowledge

Lessons learned, Bloomberg

French Fintech Qonto Raises New Funds at $5 Billion Valuation

• French fintech Qonto has raised 486 million euros in a funding round that valued the company at 4.4 billion euros ($5 billion).
• Qonto offers financial services such as banking and expense management to SMEs and freelancers. The new money will be used to invest in its products, customer service and acquiring new talent, co-founder and Chief Executive Officer Alexandre Prot said in the statement. The company will also boost its presence in Germany, Italy and Spain by investing 100 million euros in each of these over the next two years.
• Prot said the company has just a fraction of the 25 million potential SME customers in its addressable market.

References

French Fintech Qonto Raises New Funds at $5 Billion Valuation, Alexandre Rajbhandari and Benoit Berthelot, January 11, 2022, Bloomberg.

Condensed knowledge

• CONTEXT: The Golden Knowledge Path ("GKPath") digital highway
• Opportunity, Discovering and exploiting the treasure of the digital age
  • "genioux facts", the online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) digital highway to discovering and exploiting the treasure of the digital age, accelerating everyone's success in the digital age. g-f(2)254, g-f(2)260, g-f(2)261, g-f(2)251, g-f(2)312, g-f(2)256, g-f(2)257, g-f(2)272, g-f(2)271, g-f(2)270, g-f(2)268, g-f(2)269, g-f(2)289, g-f(2)283, g-f(2)287, g-f(2)313, g-f(2)293, g-f(2)294, g-f(2)296, g-f(2)298  
  • The inverted mini pyramid of knowledge, g-f(256), is essential to travel on the "GKPath" highway.
  • g-f(2)256 The Big Picture of the Digital Age (5/2/2021), geniouxfacts, The fundamental knowledge mini-pyramid for traveling on the "GKPath" highway.
• Key "genioux facts" to travel on the "GKPath" highway.
• g-f(2)261 The Big Picture of the Digital Age (5/5/2021), geniouxfacts, You are unique. Grow without limits in the digital age.
• g-f(2)257 The Big Picture of the Digital Age (5/3/2021), geniouxfacts, At any moment you take the fastest path (GKPath) to your greatness.
• g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
• g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed ​​on GKPath.

Lessons learned, Bloomberg

When $1 Billion Tech Unicorns Start to Look Like Ponies

• In a world where every startup gallops, counting horns starts to look futile. France needs new metrics for a clearer innovation picture.
• Like a lot of politicians, France’s Emmanuel Macron idolizes tech startups. They are seen to provide jobs, opportunity and entrepreneurship in a country needing all three, and they’re a benign counterweight to the establishment titans on the blue-chip CAC 40 stock index. 
• Hence the online celebrations from Macron’s government this week as France added a 24th “unicorn” to its list of home-grown billion-dollar startups: Fintech firm Qonto was valued at $5.5 billion after raising funds. There’s been debate over whether France has 23, 24 or 25 unicorns; either way it’s highly likely that Macron will soon announce he’s hit his 2025 target of 25 unicorns about three years ahead of schedule.
• For a supposedly mythical creature, startup unicorns are starting to look as common as everyday ponies. After all, what may be exciting for a country that had only four unicorns in 2018 barely registers at the global level: The U.S. boasts 644 unicorns, the U.K. 51 and Germany 33, according to data from analytics firm dealroom.co, which sees France as having 25. Whatever tide is lifting French boats is doing the same globally. There was a rapid 69% rise in startup valuations around the world last year, according to CBInsights, birthing 517 new unicorns for a total of 959.

References

When $1 Billion Tech Unicorns Start to Look Like Ponies, Lionel Laurent, January 11, 2022, Bloomberg.

ABOUT THE AUTHORS

Lionel Laurent

Lionel Laurent (@LionelRALaurent) is a Bloomberg Opinion columnist covering the European Union and France. He worked previously at Reuters and Forbes.

Some relevant characteristics of this "genioux fact"

• Category 2: The Big Picture of the Digital Age
• [genioux fact deduced or extracted from Bloomberg]
• This is a “genioux fact fast solution.”
• Tag Opportunities those travelling at high speed on GKPath
• Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
• Type of validity of the "genioux fact". 

• Inherited from sources + Supported by the knowledge of one or more experts.

• Authors of the genioux fact
• Fernando Machuca

References

“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)826, Fernando Machuca, January 17, 2022, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.

ABOUT THE AUTHORS

Fernando Machuca

CEO ‎Genioux.com Corporation

PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.

Key “genioux facts”

• Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age. 
  Opportunities those travelling at high speed on GKPath
  • Opportunities updates (1/17/2022) for those traveling at high speed on GKPath!
  • Tag Alerts those traveling at high speed on GKPath

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• A list of relevant "genioux facts" that describe a "Classical CONTEXT" of the Digital Age
1. g-f(2)45 "The Big Picture of the Digital Age": Knowledge opens the way to staggering opportunities, risks and challenges
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4. g-f(1)28 The pyramid of knowledge of a “genioux fact”: From GOLD FRUITS to GOLD JUICES
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7. g-f(2)75 THE BIG PICTURE OF THE DIGITAL AGE: “Infinite Learners” to keep pace with change, incertitude and disruption, in a hypercompetitive environment
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9. g-f(2)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart
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