Building the Next Facebook a Tough Task in Europe

Posted in: Miscellaneous at 20/05/2012 01:05

The coffee machine spits out doses of espresso. Young men in shorts and loafers line up on a leatherette sofa, balancing Macs or iPads on their knees, discussing bands or business plans. Some speak French, others English. The lighting is subtle, the ideas sound bright.

In a start-up incubator tucked away in an upper floor of an office building in Neuilly-sur-Seine, a suburb of Paris, several dozen entrepreneurs dream of building the next Google, Facebook or Zynga. It might look like Silicon Valley, but one thing is missing: the money.
http://www.nytimes.com/2012/05/18/technology/18iht-net18.html

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