Podcast appearances and mentions of Fabrice Grinda

Fabrice Grinda, co-founder of FJ Labs and one of the world's most prolific marketplace investors, joins the Unicorn Bakery podcast again to share his marketplace outlook for 2025. With more than 1,100 investments and 355 exits, Fabrice is uniquely positioned to discuss the trends shaping the future of startups, marketplaces, and venture capital. In this episode, he dives into the state of venture markets, the rise of B2B marketplaces, the impact of AI on startups, and why IPOs remain elusive for many companies. Fabrice provides detailed insights into the hottest marketplace trends, which include B2B and B2C marketplaces with different verticals and USPs.What you'll learn:Why the venture market is starting to recover in 2025 after years of stagnation.How B2B marketplaces transform industries and why they're still in their early stages.The role of AI in improving marketplace efficiency and redefining business models.Why IPOs remain challenging and what needs to change for companies to go public.How founders can build defensibility and create network effects in their marketplaces.Key 2025 trends include live commerce, cross-border marketplaces, and SMB digitization.ALL ABOUT UNICORN BAKERY:https://zez.am/unicornbakery Where to find Fabrice:LinkedIn: https://www.linkedin.com/in/fabricegrinda/ FJ Labs: https://www.fjlabs.com/ Join our Founder Tactics Newsletter:Twice a week you get the tactics of the world's best founders straight to your inbox:https://www.tactics.unicornbakery.de/ Chapters:(00:00:00) Which timeframes does Fabrice look at while building thesis?(00:02:20) The "Look-Back-Sentiment" of 2024 & the "Look-Out" for 2025(00:07:11) What has to change to make IPO markets attractive again?(00:10:38) How does the market dynamic change the venture industry?(00:16:23) Current trends in new businesses(00:29:52) The AI-impact on defensibility(00:35:06) Hurdles to encounter when starting a marketplace today Hosted on Acast. See acast.com/privacy for more information.

Fabrice Grinda, co-founder of FJ Labs and one of the world's most prolific marketplace investors, joins the Unicorn Bakery podcast again to share his marketplace outlook for 2025. With more than 1,100 investments and 355 exits, Fabrice is uniquely positioned to discuss the trends shaping the future of startups, marketplaces, and venture capital.  In this episode, he dives into the state of venture markets, the rise of B2B marketplaces, the impact of AI on startups, and why IPOs remain elusive for many companies.  Fabrice provides detailed insights into the hottest marketplace trends, which include B2B and B2C marketplaces with different verticals and USPs. What you'll learn: Why the venture market is starting to recover in 2025 after years of stagnation. How B2B marketplaces transform industries and why they're still in their early stages. The role of AI in improving marketplace efficiency and redefining business models. Why IPOs remain challenging and what needs to change for companies to go public. How founders can build defensibility and create network effects in their marketplaces. Key 2025 trends include live commerce, cross-border marketplaces, and SMB digitization. ALL ABOUT UNICORN BAKERY: https://zez.am/unicornbakery  Where to find Fabrice: LinkedIn: https://www.linkedin.com/in/fabricegrinda/  FJ Labs: https://www.fjlabs.com/  Join our Founder Tactics Newsletter: Twice a week you get the tactics of the world's best founders straight to your inbox: https://www.tactics.unicornbakery.de/  Chapters: (00:00:00) Which timeframes does Fabrice look at while building thesis? (00:02:20) The "Look-Back-Sentiment" of 2024 & the "Look-Out" for 2025 (00:07:11) What has to change to make IPO markets attractive again? (00:10:38) How does the market dynamic change the venture industry? (00:16:23) Current trends in new businesses (00:29:52) The AI-impact on defensibility (00:35:06) Hurdles to encounter when starting a marketplace today

Fabrice Grinda, co-founder of FJ Labs and renowned angel investor, shares his journey from building multi-million dollar companies to investing in over 1100 startups. Discover the principles behind marketplace success, global scaling strategies, and the future of technology-driven solutions to world problems. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Fabrice Grinda joins host Brett Kong to talk about his tech investing is changing and how angel investors make bets in a radically changing environment. How soon will AI impact? What about smart glasses, how soon will they be mainstream? A wide ranging discussion on tech investments and the players behind them Brett KingBestselling Author, Founder, Radio Host  www.thefuturists.comwww.brettking.com

In this engaging episode, I welcome back Fabrice Grinda, a seasoned tech entrepreneur and investor. Fabrice shares his journey from his early days in France to building tech companies and investing in over 1100 startups through FJ Labs. We delve into his unique approach to life, challenging societal norms and embracing authenticity. Fabrice discusses his transformative experiences with psychedelics and how they influenced his personal and professional life. We also explore the role of AI in modern business, with Fabrice explaining how every company he invests in utilises AI in some capacity. He introduces Fabrice AI, a digital representation of himself, designed to answer frequently asked questions from entrepreneurs. Throughout the conversation, Fabrice offers insights into the future of AI, the importance of emotional intelligence, and the value of a broad education.

Nouvel épisode du Lab : Entrepreneur à succès, le parcours de Fabrice Grinda. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG. Midas' website: https://midas.app/ Follow Midas on Twitter https://x.com/midasrwa Fabrice Grinda's website: https://fabricegrinda.com/ Fabrice Grinda on Twitter https://x.com/fabricegrinda Follow VanEck on Twitter https://twitter.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (00:54) How Fabrice Grinda Thinks About Macro (05:19) Fabrice's Early Journey In VC During The Venture Capital Bust of 2000 (07:06) The VC Boom of 2020 & 2021 (11:24) Why Raising Too Much Money At Too High A Valuation Can Be A Big Problem (For Real) (16:38) Layoffs In Tech While The Overall U.S. Job Market Has Been Strong In 2023 & 2024: How To Square This? (19:18) The Biggest Risk Now Is Not Macroeconomic In Nature: It Is Geopolitical (21:19) VanEck Ad (21:59) Palantir and Anduril (26:48) Why An Increasing Percentage of Grinda's Investments Are Now In The U.S. (30:42) VC Tourists Who Got Smoked In 2022 (33:15) Have VC Valuations Bottomed? A Tale of Two Cities (AI & Non-AI) (36:02) Fabrice's Journey Into Crypto (39:29) Midas: Yield-Bearing Stablecoin That Can Actually Do Stuff On-Chain (44:13) The Crypto Basis Trade & mBasis (47:50) Tether and Circle (49:41) Midas' Decision To Be Regulatory Compliant In Europe (And Not The U.S.) (51:44) The U.S. Regulatory Crackdown on Crypto Has Been Hardcore (53:17) Bankruptcy Remoteness In Crypto Is Rare (57:27) Are Onchain Treasury Bills Still Zero Coupon? (58:32) Fabrice's Longer-Term Vision For Midas (59:49) Fabrice's Views On Payment Rails Such as MasterCard, Visa, etc. (01:04:27) FedNow (01:07:29) How Did The Fall of Silicon Valley Bank (SVB) Impact The Venture Capital (VC) Ecosystem? (01:14:35) Additional Thoughts On Macro and Recession Risk (01:17:45) State of AI VC Market In 2024 (01:24:50) Self-Driving Tech (01:27:12) Who Will Be The Biggest Long-Term Winners From AI? __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Fabrice Grinda, Gründer von FJ Labs und Extremsportler, erklärt, wie er über 1100 Investments, vorrangig in Marktplatz- und Startups mit Netzwerkeffekten, investiert und damit über 26 Jahre im Durchschnitt 40% Return erwirtschaftet hat. Weiterhin vereinfacht Fabrice in seinem Leben gerne sehr viel, indem er Dinge outsourced. Sein Rezept für ein erfülltes Leben und das Management von virtuellen Assistenten erfährst du im Podcast.Was du lernst:Outsourcing: Wie du beruflich und privat mehr outsourced, um deine Lebensqualität und deinen Output zu erhöhenMarketplaces: Was sind die Schwierigkeiten bei der Skalierung von Marktplatzunternehmen, die wichtigsten KPIs und aktuelle Bewertungen?FOMO: Wie schafft man es, sich nicht von anderen drängen zu lassen?Senior-hiring: Ist es typisch europäisch, lieber seniorig als jung und motiviert zu hirern?ALLES ZU UNICORN BAKERY:https://zez.am/unicornbakery Fabrice GrindaLinkedIn: https://www.linkedin.com/in/fabricegrinda/ FJ Labs: https://www.fjlabs.com/ Unicorn Bakery Whatsapp Broadcast:Hier erfährst du alles, was du als Gründer wissen musst: https://drp.li/jrq5S Unser WhatsApp Broadcast hält dich mit Einblicken in die Szene, News und Top-Inhalten auf dem Laufenden.Marker:(00:00:00) What does a successful life look like to you and what role does money play in your life?(00:05:50) How do you decide what things you outsource vs. what you do by yourself and how do you delegate successful?(00:12:56) Managing lessons to become a relaxed manager/avoiding things you don't like(00:16:38) Is hiring seniors instead of young ambitious people an European problem?(00:20:27) FJ Labs' Investing Strategy that leads to 1100+ Investments and 40% realized IRR over 26 years(00:36:13) What fascinates you about marketplaces and why did you stay focused?(00:43:28) What is needed to scale a marketplace successfully(00:56:18) How do you manage and resist FOMO?(00:59:39) Fabrice Grinda's view on the macroeconomics and their influence on the venture ecosystem(01:06:37) As an extreme sports-fanatic: what are the biggest parallels between extreme sports and investing/building a company?(01:09:37) What did you learn about yourself through your extreme adventures and how do you manage stress?(01:13:49) Was it as easy as it appears for you to reach everything you want and how much do you need other people's opinions? Hosted on Acast. See acast.com/privacy for more information.

Fabrice Grinda, founder of FJ Labs and extreme athlete, explains how he has made over 1100 investments, primarily in marketplace and network-effect startups, generating an average 40% return over 26 years. Fabrice also likes to simplify a lot in his life by outsourcing things. Find out his recipe for a fulfilling life and managing virtual assistants in the podcast. What you will learn: Outsourcing: How to outsource more professionally and privately to increase your quality of life and output Marketplaces: What are the difficulties in scaling marketplace companies, the most important KPIs and current valuations? FOMO: How do you manage not to be pushed by others? Senior hiring: Is it typically European to hire senior rather than young and motivated? ALL ABOUT UNICORN BAKERY: https://zez.am/unicornbakery Fabrice Grinda LinkedIn: https://www.linkedin.com/in/fabricegrinda/ FJ Labs: https://www.fjlabs.com/ Unicorn Bakery Whatsapp Broadcast: Find out everything you need to know as a founder: https://drp.li/jrq5S Our WhatsApp Broadcast keeps you up to date with insights into the scene, news and top content. Marker: (00:00:00) What does a successful life look like to you and what role does money play in your life? (00:05:50) How do you decide what things you outsource vs. what you do by yourself and how do you delegate successful? (00:12:56) Managing lessons to become a relaxed manager/avoiding things you don't like (00:16:38) Is hiring seniors instead of young ambitious people an European problem? (00:20:27) FJ Labs' Investing Strategy that leads to 1100+ Investments and 40% realized IRR over 26 years (00:36:13) What fascinates you about marketplaces and why did you stay focused? (00:43:28) What is needed to scale a marketplace successfully (00:56:18) How do you manage and resist FOMO? (00:59:39) Fabrice Grinda's view on the macroeconomics and their influence on the venture ecosystem (01:06:37) As an extreme sports-fanatic: what are the biggest parallels between extreme sports and investing/building a company? (01:09:37) What did you learn about yourself through your extreme adventures and how do you manage stress? (01:13:49) Was it as easy as it appears for you to reach everything you want and how much do you need other people's opinions?

Quasiment méconnu en France, c'est pourtant une pointure de l'entrepreneuriat Tech dans le monde, notamment dans le domaine des Marketplaces.

Año nuevo, episodio nuevo

Fabrice Grinda is a leading internet entrepreneur and investor with over 300 exits on 1100 angel investments. He was named the “#1 Angel Investor in the World” by Forbes. Fabrice has served as CEO for three multinational companies and has an impressive track record as an early investor in Alibaba, Coupang, Airbnb, Instacart, Flexport, Delivery Hero, and many more. Fabrice is currently a Founding Partner at venture fund FJ Labs. Fabrice has been a 3i Member since 2021. Listen to the episode to hear:- Angel investment philosophy- Tactical tips for entrepreneurs- Predictions & opportunities in cryptocurrencyLearn more about 3i Members and follow us on LinkedIn for updates. Subscribe to the Rosen Report here.

Sarah Tavel is a General Partner at Benchmark and sits on the boards of Chainalysis, Hipcamp, Rekki, Cambly, and Medely. She is a founding member of All Raise, the nonprofit organization working to accelerate the success of women in the venture-capital and VC-backed startup ecosystem. Before Benchmark, Sarah was a partner at Greylock Partners. She joined Pinterest in 2012 as their first PM and launched their first search and recommendations features. She also led three acquisitions as she helped the company scale through a period of hypergrowth. In this episode, we discuss:Sarah's Hierarchy of Engagement framework for growing a consumer startup• The three levels of the Hierarchy of Engagement: core action, retention, and self-perpetuation• The importance of measuring cohorts and maintaining focus on the core action• Examples of core user actions from Pinterest and YouTubeSarah's Hierarchy of Marketplaces framework for building a marketplace startup• The three vectors of growth for dominating a marketplace• Advice on “tipping the marketplace” and ultimately dominating the market• The value of focusing on a constrained market• How to avoid disruption—This entire episode is brought to you by Gelt—Redefine your approach to taxes.—Find the full transcript at: https://www.lennyspodcast.com/the-hierarchy-of-engagement-sarah-tavel-benchmark-greylock-pinterest/—Where to find Sarah Tavel:• X: https://twitter.com/sarahtavel• LinkedIn: https://www.linkedin.com/in/sarahtavel/• Substack: https://www.sarahtavel.com/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Sarah's background(03:33) Framework 1: The Hierarchy of Engagement(06:03) Level 1: Core action(10:33) Level 2: Retention(14:00) Level 3: Self-perpetuation(19:32) The importance of focus(23:54) The challenge of anonymity(26:04) Advice for founders who want to increase retention(29:34) What founders often get wrong(31:43) Examples of core actions(37:37) Finding your North Star Metric(38:12) Who should use the Hierarchy of Engagement framework(38:54) The Hierarchy of Marketplaces framework(46:09) Level 1: Focus on a constrained opportunity(50:19) Sarah's “happy GMV” and “minimum viable happiness” concepts(54:47) Thumbtack: a counterexample to this approach(56:36) Signs you're ready to move to level 2(58:06) Level 2: Tipping the marketplace(01:04:15) Tipping loops(01:10:53) Not all markets are susceptible to tipping(01:15:55) The challenge of homogeneity in B2B marketplaces(01:20:29) Signs you're tipping successfully(01:21:43) Level 3: Dominating the market(01:28:29) The opportunity in underestimated markets(01:30:11) The challenges of chasing GMV and losing focus(01:36:36) Recognizing currents and momentum in the market(01:39:20) You can never rest on your laurels(01:41:03) How to apply these frameworks outside of marketplaces(01:42:57) Three ways to find marketplace opportunity(01:45:10 ) Lightning round—Referenced:• Hierarchy of Engagement, Expanded: https://sarahtavel.medium.com/the-hierarchy-of-engagement-expanded-648329d60804• Pinterest: https://www.pinterest.com/• Evernote: https://evernote.com/• Notion: https://www.notion.so/• Houseparty app: https://en.wikipedia.org/wiki/Houseparty_(app)• Clubhouse: https://www.clubhouse.com/• How to price your product | Naomi Ionita (Menlo Ventures): https://www.lennyspodcast.com/how-to-price-your-product-naomi-ionita-menlo-ventures/• TikTok: https://www.tiktok.com/• Lessons on building a viral consumer app: The story of Saturn: https://www.lennysnewsletter.com/p/lessons-on-building-a-viral-consumer• Saturn: https://www.joinsaturn.com/• What happened to Secret?: https://www.failory.com/cemetery/secret• How to determine your activation metric: https://www.lennysnewsletter.com/p/how-to-determine-your-activation• Shishir Mehrotra on LinkedIn: https://www.linkedin.com/in/shishirmehrotra/• The rituals of great teams | Shishir Mehrotra of Coda, YouTube, Microsoft: https://www.lennyspodcast.com/the-rituals-of-great-teams-shishir-mehrotra-coda-youtube-microsoft/• Engagement Hierarchy: Core Actions: https://sarahtavel.medium.com/engagement-hierarchy-core-actions-dd4f72042100• Choosing Your North Star Metric: https://www.lennysnewsletter.com/p/choosing-your-north-star-metric• Hierarchy of Marketplaces: https://sarahtavel.medium.com/the-hierarchy-of-marketplaces-introduction-and-level-1-983995aa218e• Mike Williams on LinkedIn: https://www.linkedin.com/in/yoroomie/• Everything Marketplaces: https://www.everythingmarketplaces.com/• Fabrice Grinda on LinkedIn: https://www.linkedin.com/in/fabricegrinda/• OLX: https://www.olx.com/• DoorDash Loves the 'Burbs as Much as You Do: https://www.wsj.com/articles/doordash-loves-the-burbs-as-much-as-you-do-11605618001• Thumbtack: https://www.thumbtack.com/• NPS: https://en.wikipedia.org/wiki/Net_promoter_score• Sean Ellis on LinkedIn: https://www.linkedin.com/in/seanellis/• Rekki: https://rekki.com/• Ronen Givon on LinkedIn: https://www.linkedin.com/in/ronen-givon-535b2514• Hipcamp: https://www.hipcamp.com/• Demand driving supply: The little-understood growth loop behind a surprising number of iconic billion-dollar companies: https://www.lennysnewsletter.com/p/demand-driving-supply-marketplaces• Inside the Revolution at Etsy: https://www.nytimes.com/2017/11/25/business/etsy-josh-silverman.html• Faire: https://www.faire.com/• Bill Gurley on LinkedIn: https://www.linkedin.com/in/billgurley/• Mechanical Turk: https://www.mturk.com/• Parker Conrad on LinkedIn: https://www.linkedin.com/in/parkerconrad/• Rippling: https://www.rippling.com/• “White Space” for Building a Marketplace: How to Find Your Competition's Vulnerabilities—and Capitalize: https://sarahtavel.medium.com/white-space-for-building-a-marketplace-how-to-find-your-competitions-vulnerabilities-and-79674aa4d399• Pachinko: https://www.amazon.com/Pachinko-National-Book-Award-Finalist/dp/1455563935• The Five Temptations of a CEO: https://www.amazon.com/Five-Temptations-CEO-Anniversary-Leadership/dp/0470267585• The Five Dysfunctions of a Team: A Leadership Fable: https://www.amazon.com/Five-Dysfunctions-Team-Leadership-Fable/dp/0787960756• Tesla: https://www.tesla.com/• Reid Hoffman on LinkedIn: https://www.linkedin.com/in/reidhoffman/—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

La plus grosse erreur avec les jeunes entrepreneurs qui cherchent à lever leur premier round c'est … Lever des fonds c'est un job à plein temps Et aborder une première levée n'est pas évident Sans réseau, sans connaissances, sans compétences Alors pour démêler les préjugés, les erreurs Et avoir les meilleurs clés pour sa première levée Je me suis tourné vers un des BAs les plus actifs du monde Et c'est ce dont nous avons parlé avec @Fabrice pour @G.Ventures : Les critères recherchés par les fonds de VCs early stage Définir le bon momentum pour effectuer sa levée Des conseils pour fixer sa valorisation intelligemment Les erreurs fréquentes commises lors de la 1 ère levée Comment maintenir une relation avec des investisseurs Et pleins d'autres clés qui vous seront livrées par notre invité

Introduction: Welcome to Five & Thrive: a weekly podcast highlighting the Southeast's most interesting news, entrepreneurs, and information of the week, all under 5 minutes.  My name is Jon Birdsong and I'm with Atlanta Ventures. When we set out to do a five minute podcast over a year ago, said said we'll need 6 months to get enough data and adjust strategy if needed. Not only did we do six months, we consistently put something out weekly for a year. As we start our 52nd podcast, I'm here to say this will be our last one. In one year, there have been thousands upon thousands of downloads with days worth of listening around each episode. The numbers are good but, I also think we can make an even bigger impact with storytelling and startups, therefore, we're going to take some time to ruminate on the several ideas brewing around media, podcasting, content, and more. We have seen the power and leverage of short-form content and are hooked, however we can be even better, bigger, and more impactful. If you really miss us, we're stacking up guests on the Atlanta Story Podcast throughout the summer so follow along with more stories of building and creating over there as well. The next guest is a good one. With all that said, buckle in for our 52nd and final Five and Thrive and thank you, the several thousands of you, who have listened to an episode over the past year. We're closing this chapter but the next one will be even better, I promise        Major Announcement of the Week: Major news coming out of Soft Bank's Open Opportunity Fund, local investor and entrepreneur, Paul Judge is taking the lead as Chairman to invest $150M into minority entrepreneurs. Last year, black founders received 1% of venture capital investment and the Open Opportunity fund is a major step and resource to invest in the best. Congratulations to Paul on this fantastic opportunity and focus. We put a link in the show notes to his interview with TechCrunch.     Companies Coming Up: Gridline, out of Atlanta, is the company coming up. Gridline helps any accredited investor gain access and insight to alternative assets quickly and easily. Their software provides the individual investor with access to funds typically reserved for institutions and large family offices all while ensuring compliance. Check out Gridline if you're looking to access more alternative investment opportunities which is led by CEO Logan Henderson.  Event of the Week: Atlanta Startup Convos passed 3000 members this past week and they keep getting better and better. The next one is on Wednesday, June 21st. The three companies are Ubiquitous, Novel, and Turbine. All of them are products worth taking a look at and putting a save the date on the calendar.   Raise a Glass: Congrats to Zack Eikenberry of HookSecurity for closing a $5.5M round led by Tampa Bay Ventures. If y'all remember, Hook Security provides modern and engaging approaches to cybersecurity. Their team of 21 is growing and they are tackling the market. Keep an eye on them as the Tampa startup scene is bustling.   Blog Post of the Week: We have a long blogroll of entrepreneurs and investors we subscribe to and one of my favorites, Fabrice Grinda. He just came out with a great post titled: Timing is Everything. He analyzes how great entrepreneurs and investors are excellent predictors of what will happen in the future. However, what many folks get wrong is the timing. He brings in some examples of the dot com bust including Pets.com and Webvan, both of those markets have created mult-billion dollar businesses today, it was just back in the late 90's, they were just too early. However, Fabrice goes into a laundry list of markets, ideas, and products he is excited about for any entrepreneur to go build the next great business. I highly recommend it as the opportunities out there are limitless!  And on that note, that is 5 minutes.  Major Announcement of the Week: Paul Judge  Company Coming Up: Gridline Event of the Week: Atlanta Startup Convos Raise a Glass: Hook Security Blog Post of the Week: Fabrice Grinda: Timing is Everything

In this interview, I speak with Fabrice Grinda, a founder of FJ Labs. With over a thousand unique investments made across different life cycles of FJ funds, Fabrice shares his Marketplace-centric approach to investing, and the importance of investing in extraordinary people who are trying to solve the world's problems. Fabrice also talks about his accidental transition from being a tech founder and CEO to becoming a VC and why he chooses to invest in network effect businesses and marketplaces. Throughout the interview, Fabrice discuss various topics related to investing in marketplaces, including investing in marketplaces all over the spectrum from B2C to B2B, both product and service-oriented platforms. This interview is packed with valuable insights for anyone interested in the world of marketplaces and VC investing! Fabrice talks about how he believes B2B marketplaces are at the very beginning of their journey both in the US and globally. Fabrice highlights that the penetration of digital is very low in B2B and about how the entire supply chain needs to be digitized, including ERP integration, payments tracking, and how suppliers are involved. Grinda suggests that in some cases, the elasticity of supply and/or demand is such that a platform cannot have a take rate. Fabrice suggests that there are many tricks to making B2B marketplaces work, such as offering a free tool to the supply side or demand side to help them manage their business better. Also highlighted, that monetization of B2B marketplaces may not come from the transaction of the marketplace component. Instead, B2B marketplaces may monetize through SaaS or by offering ancillary services for insurance, factoring, or logistics. Fabrice gives an example of a hairdresser and barber shop marketplace that grew to a volume of billions of annual GMV and monetized by getting an extraordinary deal on payments and sharing part of that discount with the barber shops. #venturecapital #marketplaces #investorinsights —

Fabrice Grinda fait partie des principaux entrepreneurs et investisseurs en ligne au monde. Il a à son actif plus de 250 sorties sur 700 investissements de business angel. Fabrice Grinda a été dirigeant de trois sociétés multinationales et il a aussi été parmi les premiers investisseur dans Alibaba, Coupang, Airbnb, Instacart, Flexport... Fabrice est actuellement associé fondateur du fonds de capital-risque FJ Labs, qu'il a cofondé avec son partenaire commercial Jose Marin. Je parle dans cette longue interview de ces deux casquettes d'entrepreneur et d'investisseur alors que le monde travers une crise économique inédite, après des années de taux d'intérêts anormalement bas, le retour à la “normale” commence à secouer. Qu'en est-il pour les entrepreneurs comme pour les investisseurs ? Comment s'adapter dans ce nouveau contexte ? Les investisseurs sont-ils encore trop optimistes sur la réalité de la situation financière ?

In today's episode we talk to Fabrice Grinda, one of the world's best Angel Investors and currently Founding Partner of FJ Labs, which has invested in more than 1000 startups.   Fabrice Grinda is among the world's leading Internet entrepreneurs and investors. He has over 250 exits on 700 angel investments. Fabrice has served as CEO for three multinational companies and has an impressive track record as an early investor in Alibaba, Coupang, Airbnb, Instacart, Flexport, Delivery Hero, and many more. Fabrice was named the #1 Angel Investor in the world by Forbes.   Some of the topics covered: What his portfolio looks like Fabrice's advice for investing in private companies and which industries and world problems he thinks are most interesting over the coming years Why he thinks the macro situation looks overall bad going into 2023 And why he thinks some of this decade's best investments will be made over the next two years (especially angel investments) And much more... Resources: Fabrice's blog: https://www.FabriceGrinda.com   Three great blog posts: A Framework for making important decisions (Read all four parts) How FJ Labs evaluates Startups Investing in the things that build our world   Books recommended: A Hero of Two Worlds  King, Warrior, Magician, Lover Project Hail Mary More book recommendations by Fabrice: https://fabricegrinda.com/category/books/  

Connie talks to Fabrice Grinda, the founding partner at FJ Labs, a venture fund that has invested in over 900 startups around the world, about some of the financing risks that startups face given high interest rates.Nextt, Connie and Alex chat with Bradley Tusk, the CEO and founder of Tusk Ventures, which invests at the intersection of venture capital and regulation. Tusk has some interesting end-of-year predictions and thinks Elon Musk's management of Twitter could ultimately cost him much more than the $44 billion he paid for the social media platform. Music: 1. "Inspired" by Kevin MacLeod (https://incompetech.filmmusic.io/song/3918-inspired)2. "Blippy Trance" by Kevin MacLeod (https://incompetech.filmmusic.io/song/5759-blippy-trance)3. "Dream Catcher" by Kevin MacLeod (https://incompetech.filmmusic.io/song/4650-dream-catcher)4.  "Bleeping Demo" by Kevin MacLeod (https://filmmusic.io/song/7012-bleeping-demo)4. "Pamgaea" by Kevin MacLeod (https://incompetech.filmmusic.io/song/4193-pamgaea)5. "EDM Detection Mode" by Kevin MacLeod (https://incompetech.filmmusic.io/song/3687-edm-detection-mode)

On this week's Partner Meeting episode we cover the following topics:Recent tech layoffs and whether or not it's an indicator for what's to comeCPI data that suggests inflation is slowingThe FTX debacle and what that means for cryptoBusiness Lesson: building marketplacesShow Links:Podcast: The King of Marketplaces with Fabrice Grinda of FJ LabsBooks: The Cold Start Problem: How to Start and Scale Network Effects by Andrew Chen*DISCLAIMER*Interplay Family Office LLC (“Interplay”) is registered as an investment adviser with U.S. Securities and Exchange Commission (“SEC”). Registration of an investment adviser does not imply any level of skill or training. Information about the qualifications and business practices of Interplay is available on the SEC's website at www.adviserinfo.sec.gov._ Interplay only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. Offering of asset management services through Interplay is pursuant to an investment advisory agreement.The views expressed in this podcast/vodcast are subject to change based on market and other conditions. The podcast/vodcast may contain certain statements that may be deemed forward looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.Information communicated during the podcast/vodcast does not involve the rendering of personalized investment advice but is limited to the dissemination of general market information. A professional adviser should be consulted before implementing any of the strategies or options presented. The podcast/vodcast is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Neither Interplay nor its advisory persons render tax or legal advice. Please consult your tax and legal advisors for advice concerning your circumstances.

Tombé dans le VC grâce à sa rencontre avec Fabrice Grinda, Yannick nous explique la manière dont il conçoit l'investissement en start-ups. Fondé par les faiseurs de l'opération Skype/eBay, Mangrove Capital gère plusieurs fonds investissant en start-ups dans des secteurs variés, en "early stage". Nous parlons des investissements et plus spécifiquement des stratégies de cessions de start-ups. Nous discutons spécifiquement de WIX et de son exit. Volontairement, à contre-courant, Mangrove mise sur des tendances années après années comme la "SilverTech" ou la "HealthTech". Yannick nous explique comment les gérants choisissent ces thèmes, comment ils explorent les secteurs et investissent dans les sociétés. Enfin, Yannick nous explique pourquoi Mangrove a décidé de créer une fondation et les causes qu'ils soutiennent.

Extrait de l'épisode de Dimanche. Tombé dans le VC grâce à sa rencontre avec Fabrice Grinda, Yannick nous explique la manière dont il conçoit l'investissement en start-ups. Fondé par les faiseurs de l'opération Skype/eBay, Mangrove Capital gère plusieurs fonds investissant en start-ups dans des secteurs variés, en "early stage". Nous parlons des investissements et plus spécifiquement des stratégies de cessions de start-ups. Nous discutons spécifiquement de WIX et de son exit. Volontairement, à contre-courant, Mangrove mise sur des tendances années après années comme la "SilverTech" ou la "HealthTech". Yannick nous explique comment les gérants choisissent ces thèmes, comment ils explorent les secteurs et investissent dans les sociétés. Enfin, Yannick nous explique pourquoi Mangrove a décidé de créer une fondation et les causes qu'ils soutiennent.

How to prepare for a VC funding round? How to choose the right investor and catch their attention? How to close the deal? This episode is Sharetribe's CEO Juho's complete guide to raising venture capital for your marketplace.Article available at:  Marketplace funding: How to bootstrap your marketplace. Juho Makkonen, Marketplace Academy Sources and further reading: A Guide to Marketplaces: Third Edition. Angela Tran, Max Webster, and Bors Wertz, Version One Ventures All Markets Are Not Created Equal: 10 Factors To Consider When Evaluating Digital Marketplaces. Bill Gurly, Above the Crowd The Marketplace Funding Napkin 2018

A Founding Partner at NFX, Gigi heads up NFX Israel and is widely known as one of the most prolific investors in the region. Gigi has founded several startups, including Playtika, Beach Bum (acquired by Voodoo), InceptionVR and Ridge. He was also the CEO of 888 Holdings, one of the world's leading online gaming companies, and a Division President of Amdocs, a leading billing and CRM provider. In 2014, Gigi was appointed to Facebook's EMEA Client Advisory Council. In 2015 he joined the supervisory board at Bertelsmann, one of the world's largest media companies.   As a pilot in the Israeli Air Force, he learned the value of striving for excellence at all times, building learning organizations, and that working together as a team is the real secret to winning.   Tune in to this episode as we explore what other industries can learn from gaming companies, the four layers of the evolution of Web3 marketplaces, the existential role of technology - and why Web3 hasn't changed the world yet.   At the end of the episode, we give a short wrap-up of season 3 of the podcast - as this is the last episode for the season - and we focus on what we learned and what are the key topics, in the context of organizing at scale, that are on our minds. We cover the seemingly ramping importance of modularity and composability in markets - also check out this piece - https://boundaryless.io/blog/towards-modular-and-composable-markets/ - that captures some of the ideas - and some additional thoughts around the questions concerning our relationship with technology, adopting a regenerative mindset and convivial organizational models.    A transcript of the episode can be found on our website:   Key highlights from the conversation We discussed: > What we can learn from the gaming industry in the context of platforms, ecosystems and marketplaces > What it means to be a learning organization > Designing products for people to engage in learning > How Gigi approaches Web3 as an investor > The role of centralized services in platforms > Solving real-world challenges through the Web3   To find out more about Gigi's work: > LinkedIn: https://www.linkedin.com/in/gigilevy/ > Twitter: https://twitter.com/gigilevy > NFX: https://www.nfx.com/   Other references and mentions: > Fabrice Grinda and Matias Barbero, 'Crypto-Enabled Marketplaces', 2022: https://fabricegrinda.com/crypto-enabled-marketplaces/ > Showing the way with Web3 Marketplaces: Braintrust - with Gabriel Luna-Ostaseski: https://boundaryless.io/podcast/braintrust/ > Nathan Schneider, "Web3 Is the Opportunity We Have Had All Along: Innovation Amnesia and Economic Democracy": https://osf.io/2wg6s?view_only=709f1f87528943a4b27de2b5eb0f9eef   Find out more about the show and the research at Boundaryless at  https://boundaryless.io/resources/podcast/   Thanks for the ad-hoc music to Liosound / Walter Mobilio. Find his portfolio here: https://boundaryless.io/podcast-music   Recorded on 20 July 2022.

Bill Gurley is a General Partner @ Benchmark Capital, Bill, is widely recognized as one of the greats of our time having worked with the likes of GrubHub, NextDoor, Uber, OpenTable, Stitch Fix, and Zillow. Doug Leone is the Global Managing Partner @ Sequoia Capital, one of the world's most renowned and successful venture firms with a portfolio including the likes of Google, Airbnb, Whatsapp, Stripe, Zoom and many more. Keith Rabois is a General Partner @ Founders Fund, one of the best performing funds of the last decade with a portfolio including Facebook, Airbnb, SpaceX, Stripe, Anduril, the list goes on.  Arthur Patterson and Jim Swartz founded Accel in 1983. Under their leadership, they have built Accel into one of the most prominent venture firms of the last 4 decades. Michael Eisenberg is a Co-Founder and Equal Partner @ Aleph, with a portfolio including the likes of Lemonade, Melio and HoneyBook, they are one of the leading early-stage firms of the last decade. Sonali De Rycker is a Partner @ Accel, one of the leading firms of the last 3 decades with a portfolio that includes the likes of UiPath, Miro, Spotify and many more incredible companies. Fabrice Grinda is the Founding Partner @ FJ Labs, with over 700 investments, Fabrice has had over 250 exits and built a portfolio including Alibaba, Coupang, Airbnb, Instacart, Flexport, and many more. In Today's Episode You Will Learn: 1.) How does the current environment compare to prior busts? 2.) How will the changing interest rates impact the startup funding climate moving forward? 3.) Why is the rate of inflation the only true metric which reveals the ultimate fate of the economy? 4.) What are the world's leading investors telling their founders? 5.) How are the best investors in the world thinking through reserves management?

Fabrice Grinda is the Founding Partner @ FJ Labs, with over 700 investments, Fabrice has had over 250 exits and built a portfolio including Alibaba, Coupang, Airbnb, Instacart, Flexport, and Delivery Hero, and many more. Prior to FJ Labs, Fabrice served as CEO for three multinational companies; including OLX, one of the largest websites in the world with over 300 million unique visitors per month. As a result of his incredible investing success, Fabrice was named the #1 Angel Investor in the world by Forbes. In Today's Episode with Fabrice Grinda: 1.) Everything Great Starts Small: How did Fabrice make his way into the world of investing from founding 3 companies? How does Fabrice feel about founders raising funds with external LPs? Why does Fabrice feel that investing as an angel made him a better CEO? 2.) WTF is Going On: The Market Today How does Fabrice assess what is happening in the market today? What is causing the massive public market drops we are seeing? How do inflation rates and interest rates have such an impact on where we are? How much of this is a result of COVID, the shift to goods from services and supply chains? 3.) The Optimistic Case: How does Fabrice think things could get better from here? What needs to happen? What could the Fed do to enable this optimistic outcome to take place? What would need to happen in geo-politics and Russia for this to happen? What is the probability today of this optimistic case happening? 4.) The Great Stagnation: How does Fabrice think the economy could go sideways from here? What are the core drivers of this? Why is this the most likely outcome of all? What is the probability of this happening? 5.) The Catastrophe: How could this market get so much worse? What level of interest rate change would cause this outcome to occur? Why does Fabrice think that Switzerland is a "House of Cards"? What would this mean if Switzerland fell? What other European countries does Fabrice think are vulnerable? 6.) What this Means for Venture: How will LPs respond to these differing situations? How does this impact how Fabrice thinks about his rate of deployment? What segment of the market is Fabrice most excited for; early or growth? Mentioned in Today's Episode with Fabrice Grinda: Fabrice's Favourite Book: Sapiens: A Brief History of Humankind

We're are discussing must reading this week from Fabrice Grinda.  Titled "The Great Unknown", it's worth 10 minutes of your time.  Paul shares why he's optimistic even if the short-term market conditions look rocky.Culture matters in every company. We take issue with a tweet from a prominent CEO.  How you build your company and your culture will be some of the most critical thinking that you do. The nature of work is changing, but leaders are still responsible for looking to the future to determine what their core values should be.If you've got a comment or question for the show, you can e-mail us at show@resultsjunkies.com.  You can find Paul and Ed  online @paulsingh and @pizzainmotion.

This week I chatted with Fabrice Grinda, Founding Partner at FJ Labs. FJ Labs is a VC that specializes in marketplaces and invests in every geography in every category at any stage. As Fabrice puts it they do angel investing at venture scale, meaning they don't lead rounds but do a massive number of investments every year. Last year they made almost 200 investments. Fabrice is super interesting beyond being a VC. He's been a serial entrepreneur for a couple of decades at this point and has interesting views on wealth and impact. He started what was essentially the ebay for Europe and then OLX, the Craigslist for the rest of the world. During our chat he shares some incredibly useful tips for entrepreneurs - especially for those who are interested in marketplaces. We talk all about his approach to venture capital, how FJ Labs operates and makes decisions and much more. Enjoy. Show Links: Follow us on Twitter: http://twitter.com/fabricegrinda (@fabricegrinda), http://twitter.com/mpd (@mpd) Guest Links: https://fjlabs.com/ (FJ Labs) Guest Articles: https://fabricegrinda.com/episode-12-the-surprising-case-for-optimism-in-2020/ (Pandemic, Populism and Policy Failure – The Surprising Case for Optimism in 2020) Podcast Links: http://mpd.me (Website), https://www.youtube.com/channel/UCua7T3uyg6IQeSbYyNKT_Iw (YouTube), https://twitter.com/mpd (Twitter), https://www.facebook.com/innovationwithmpd (Facebook), https://www.linkedin.com/company/innovationwithmpd (LinkedIn)

Fabrice Grinda is an entrepreneur, angel investor, and founder of FJ Labs, a venture capital firm that backs a diversified portfolio of startups in marketplace businesses. The firm takes a founder-friendly, non-institutional approach, employing heuristics to formulate quick decisions. Our conversation covers Fabrice's path as a serial entrepreneur and lessons learned building and investing in marketplaces. We discuss FJ Lab's unique investment process focused on four investment heuristics and expeditious decision making. We then turn to its position in the venture ecosystem and investable themes in the coming years. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

Miguel Armaza sits down with the legendary tech entrepreneur and venture capitalist, Fabrice Grinda, Founding Partner at FJ Labs, a stage-agnostic Venture Capital fund that focuses on marketplaces and consumer-facing startups. Born and raised in France, Fabrice is amongst the world's leading tech leaders. As an investor, he has over 250 exits on almost 700 investments. With impressive investments such as Alibaba, Lending Club, Delivery Hero, Betterment, Klarna, Stripe, Palantir and Rappi. As an entrepreneur, Fabrice co-founded OLX, one of the largest websites in the world with over 300 million unique visitors per month. Having previously founded Zingy and Aucland, two highly successful sites. In this fun episode, we discuss: - Fabrice's fascinating background - Investing during COVID - why FJ labs never stopped writing checks during the pandemic and why early-stage investing is actually better during crises - FJ Labs' investing strategy and the kind of team and company they look for - Why he loves building and backing marketplaces - Fintech trends and verticals Fabrice is excited about and some of the common traits he's observed in successful fintech founders - Investing mistakes and why he knew he was gonna regret passing on Uber… but did it anyway - The exciting democratization and explosion of tech Latin America - And a lot more! Fabrice Grinda Fabrice Grinda is among the world's leading Internet entrepreneurs and investors. He has over 250 exits on 700 angel investments. Fabrice has served as CEO for three multinational companies and has an impressive track record as an early investor in Alibaba, Flexport, Delivery Hero, Betterment and Brightroll. Fabrice is currently running the startup studio and venture fund FJ Labs, which he cofounded with business partner Jose Marin. Fabrice was named the #1 Angel Investor in the world by Forbes Prior to FJ Labs, Fabrice was co-founder and co-CEO of OLX, one of the largest websites in the world with over 300 million unique visitors per month. The company operates in 30 countries and has over 10,000 employees. OLX is the largest classifieds site in India, Brazil, Pakistan, Poland, Ukraine, Russia, Portugal and many other emerging markets. Prior to OLX, Fabrice was the CEO and founder of Zingy, a mobile content company, which he grew to over $200 million in annual revenues and profitability in 4 years. Fabrice started his entrepreneurial journey in 1998, at 23, when he co-founded and was CEO of Aucland. Soon after, Aucland grew into one of the largest auction sites in Europe. Before his entrepreneurial endeavors, Fabrice worked as a management consultant for McKinsey & Company. Fabrice holds a BA in Economics from Princeton University. He graduated Summa Cum Laude in 1996, and was awarded the Halbert White prize, given to the most distinguished economics student, as well as The Wolfe Balleisen memorial prize, awarded for best thesis. In his free time, Fabrice likes to travel the world, kitesurf, play tennis, and blog about his personal and professional life at www.fabricegrinda.com. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Miguel's Twitter: twitter.com/MiguelArmaza Miguel's Newsletter: https://bit.ly/3jWIpqp

Fabrice Grinda is one of the world's leading Internet entrepreneurs and investors, with over 150 exits on 500 angel investments. When I first interviewed him for this podcast, way back in 2005, the then-31-year-old French native was in the process of packing up his office at Zingy, the mobile media start-up he'd founded in 2000. After growing Zingy to $200 million in revenue, Fabrice had sold the company for $80 million in 2004. Eighteen months later, he was stepping down as CEO and looking ahead to his next adventure. At the time we spoke, Broadband, iTunes and podcasting were all new, and Fabrice saw it as “the beginning of a hundred year revolution.” He recognized that there were going to be huge opportunities ahead for the entrepreneurs who were willing to take the risks and go all in on a big idea. And as Fabrice's story shows, you don't have to be the one who comes up with the groundbreaking product to become a wildly successful entrepreneur. *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than a minute and helps us continue to attract the entrepreneurs you want to hear and learn from. For show notes, past guests and transcripts, visit venturevoice.com Sign up for the Venture Voice email newsletter at venturevoice.substack.com/welcome Follow and connect on social: On Twitter: twitter.com/gregory On Instagram: instagram.com/gregory On YouTube: youtube.com/c/GregoryGalant On LinkedIn: linkedin.com/in/galant/ Learn more about Muck Rack at muckrack.com and The Shorty Awards at shortyawards.com

Retrouvez le GOOD MORNING FrenchWeb tous les matins dès 06h45 avec Joseph Postec et la rédaction de FrenchWeb.fr pour découvrir les meilleures pratiques et innovation en matière de transformation numérique.Grandes gagnantes de la crise du coronavirus en raison des confinements et autres restrictions imposées à travers le monde, les plateformes de livraison de repas à domicile n'en finissent plus de voir leurs compteurs s'affoler. Mais derrière Uber, Deliveroo ou encore DoorDash, qui a fait une entrée fracassante à Wall Street, d'autres acteurs se frottent les mains, et notamment les «dark-kitchen». Ces «cuisines-fantômes» sont apparues ces dernières années pour répondre à la demande croissante des plateformes sur un marché qui devrait peser plus de 350 milliards de dollars dans moins de dix ans.Parmi ces restaurants «virtuels», on retrouve Taster, start-up lancée par Anton Soulier, ancien cadre de Deliveroo. Aujourd'hui opérationnelle à Paris, Londres et Madrid, la société développe des marques de restauration uniquement destinées à la livraison à domicile via des plateformes comme Deliveroo et Uber Eats. Après avoir levé 8 millions de dollars l'an passé, l'entreprise a vu son approche validée par la crise du coronavirus. Cette dernière va-t-elle pour autant faire entrer les plateformes de livraison de repas et les «dark kitchen» dans une nouvelle dimension ? Éléments de réponse avec Anton Soulier, fondateur et CEO de Taster.Richard Menneveux avait échangé fin mars avec Fabrice Grinda investisseur à NY dans Alibaba Group, Airbnb ou encore Palantir. Un moyen pour décoder la situation et les gestes que doivent mettre en oeuvre les entrepreneurs en phase de crise. Son message était clair : « Les entreprises les plus intéressantes ont été créées en période de crise ». Uber, Slack, Whatsapp ont notamment été fondés en période de crise. Il y a en effet certains avantages à se lancer en période de crise. Nous souhaitions vous permettre de réécouter cet échange fort en instructions et plutôt optimiste sur la situation que nous vivons.

Fabrice Grinda, Founding Partner at FJ Labs, discusses his firm’s investment thesis around marketplaces.

Fabrice Grinda is a Founding Partner at FJ Labs, is a stage-agnostic consumer facing-fund headquartered in New York City. They invest in ambitious founders solving big problems. They have investments in more than 600 investments around the world including Alibaba Group, Airbnb, Beepi, Fanduel, Dropbox, and many more, and have had over 300 million investment exits.  Fabrice was a Co-founder and former CEO of OLX, and drove the company’s business development, investor relations, M&A and product development efforts in his capacity as co-CEO. Prior to OLX, he was the founder and CEO of Zingy Inc., a mobile media startup which he successfully grew to $200 million in content sales in just four years. Fabrice was also the Co-founder and former CEO of Aucland, one of the three largest auction websites in Europe.  Forbes named Fabrice as the number one Angel Investor in 2018, which was measured by the number of investments and exits that he has done over the years.  In this episode… We all have to make decisions every day. Some decisions are incredibly crucial because they could be life-changing or business-transforming. This could come in the form of choosing which company to invest in or finalizing the next steps in your business. Whatever it is that you need to decide on, there’s one thing that’s absolutely certain: you don’t want to base your decision on a guess. Now, what if there was a framework that you can follow that will help you make these critical decisions in a more informed and structured way? Prolific angel investor Fabrice Grinda has a four-step framework that he uses to make groundbreaking decisions. He says that following this framework helps him and his company, FJ Labs, determine which businesses they should consider investing in. What does the framework do and how can you maximize the results that you get from using it? In this episode of Inspired Insider, Fabrice Grinda, Founding Partner at FJ Labs shares some amazing insights and tips on how to make the right decisions with host Dr. Jeremy Weisz. They’ll also be talking about Fabrice’s illustrious career as a successful venture capitalist, the criteria he uses to select potential businesses to invest in, and the things that Fabrice learned through some of his craziest wins and biggest misses. Stay tuned.

Episode #22 – Fabrice Grinda, cofounder of FJ Labs, invested $284m into 571 startups, 193 exits, IRR of 62%, former cofounder of OLX, classified in emerging markets, Zingy, which reached $200m ARR and profitable in 4 years. We talk about startups and raising funding in the US, Europe and around the world. Full video https://youtu.be/eK_rzNhnplU andrew@7bc.vc

Retrouvez le GOOD MORNING FrenchWeb tous les matins dès 06h45 avec Joseph Postec et la rédaction de FrenchWeb.fr pour découvrir les meilleures pratiques et innovation en matière de transformation numérique.Frappé de plein fouet par la crise du coronavirus, le secteur aéronautique traverse la plus grave crise de son histoire depuis la Seconde Guerre mondiale.Le trafic aérien s'est retrouvé presque complètement à l'arrêt à partir de mars, avant une timide reprise cet été.Mais la deuxième vague de Covid-19 qui frappe actuellement l'Europe a douché les espoirs d'un retour rapide à la normale. Ce ne sera pas avant 2024.Si la crise fait trembler un secteur qui représente 400 000 emplois en France, elle est aussi l'occasion d'accélérer l'innovation à l'heure du réchauffement climatique.François Chopard, fondateur de Starburst Accelerator, incubateur de start-up aéronautiques et spatiales,fait le point sur la situation actuelle du secteur et les innovations qui pourraient le révolutionner, comme l'hydrogène. Découvrez l'Episode 5 du podcast L'Audace, réalisé en partenariat avec la French Tech, afin de vous faire découvrir des clefs pour accueillir, financer, manager et encourager des talents aux profils atypiques.Nous réalisons un focus sur la thématique de l'échec. Comment prendre le risque d'échouer lorsqu'on a un profil atypique ? La peur de l'échec est-elle plus grande lorsqu'on a pas de filet de sécurité ? Fabrice Grinda, entrepreneur et business angel, revient sur cette notion d'échec et de risque si présents dans l'entrepreneuriat. Ismael Nzouetom, camerounais et fondateur de la start-up i-Dispo vient de fermer son entreprise après 10 ans d'aventure. Il nous raconte cette expérience difficile mais formatrice. Et nous concluons cette émission comme tous les mardi avec la chronique de Jean Luc Raymond de francenum.gouv.fr.

On today’s Tank Talk! We welcome our guest Fabrice Grinda, Founding Partner of @ FJ Labs to discuss “Investing in Marketplaces Before It’s A Marketplace”Before starting FJ Labs, Fabrice was an incredibly successful entrepreneur having launched several startups before and after the dot-com bust in early 2000. His first startup Aucland was started by Fabrice at age 23 which grew into one of the largest auction sites in Europe. Next, Fabrice started Zingy in 2001 and grew it to $200 million in sales in four years. After selling Zingy, Fabrice launched OLX or the Online-Exchange as the Craigslist alternative for the world outside the US and grew it to over 300 million monthly unique visitors.On the investing side, Fabrice has over $300 million in exits across 150 companies and has made over 500 angel investments in total, with an impressive track record as an early investor in Alibaba, Lending Club, Delivery Hero and Brightroll among many others.Today you will get to hear Fabrice's tips and tricks on how marketplace startups should tackle challenges. You will hear his thoughts on supply/demand dynamics, SaaS tools in a marketplace, Payment infrastructure and the importance of frequency in building a marketplace.Fabrice’s Book RecommendationsLoonshots - Safi BahcallWhy We Sleep - Matthew Walker, PhDLifespan - Why We Age and Why We Don't Have - David A. Sinclair, PhDFabrice’s words of inspiration - “Whatever you think you can, begin it, boldness is magic and genius to it.”Follow Matt Cohen and Tank Talks here! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

On today’s Tank Talk! We welcome our guest Fabrice Grinda, Founding Partner of @ FJ Labs to discuss “Investing in Marketplaces Before It’s A Marketplace”Before starting FJ Labs, Fabrice was an incredibly successful entrepreneur having launched several startups before and after the dot-com bust in early 2000. His first startup Aucland was started by Fabrice at age 23 which grew into one of the largest auction sites in Europe. Next, Fabrice started Zingy in 2001 and grew it to $200 million in sales in four years. After selling Zingy, Fabrice launched OLX or the Online-Exchange as the Craigslist alternative for the world outside the US and grew it to over 300 million monthly unique visitors.On the investing side, Fabrice has over $300 million in exits across 150 companies and has made over 500 angel investments in total, with an impressive track record as an early investor in Alibaba, Lending Club, Delivery Hero and Brightroll among many others.Today you will get to hear Fabrice's tips and tricks on how marketplace startups should tackle challenges. You will hear his thoughts on supply/demand dynamics, SaaS tools in a marketplace, Payment infrastructure and the importance of frequency in building a marketplace.Fabrice’s Book RecommendationsLoonshots - Safi BahcallWhy We Sleep - Matthew Walker, PhDLifespan - Why We Age and Why We Don't Have - David A. Sinclair, PhDFabrice’s words of inspiration - “Whatever you think you can, begin it, boldness is magic and genius to it.”Follow Matt Cohen and Tank Talks here!

Fabrice Grinda is a wildly successful entrepreneur and investor.  In this episode he recounts in detail 4 stories that any entrepreneur – any person, really – will find fascinating. The first is the story of building one of Europe’s first marketplaces before eBay got there – and what happens when you turn down $100 million for your company. The second is the story of Zingy, and what it’s like to grind without capital and miss payroll 27 times, before ultimately succeeding. Third, Fabrice talks about building OLX, the global trading platform, after Craig Newmark refused his offer to fix Craigslist.  Learn what happens when OLX and its competitor go to war and spend billions on – TV advertising. Finally, Fabrice offers his considered view of the future:  On how climate change is being addressed through technology, and how COVID has affected startups that will ultimately change the world. https://fabricegrinda.com https://fjlabs.com https://somethingventured.us    

Lors de notre discussion, Ilan nous détaille son parcours et sa vie aux US, et plus particulièrement :  Son envie depuis tout petit de vivre à New York Ses premiers pas aux Etats Unis La création de Producteev, une app de Task Manager qui a cartonné, et qu'il revendra à Jive Software, quelques millions de dollars, Sa vie en Californie, à Palo Alto pendant 2 ans, La création d'Ily, un téléphone visio, hyper précurseur, 5 ans avant les Portal de Facebook, Google…, La rencontre avec Hugo et la création de Willo, un robot pour se brosser les dents, Sa volonté d'aider les français à s'installer aux US, en créant dans un premier temps Avrhm Capital, puis Diaspora Capital avec Carlos Diaz (The Refiners) Son podcast Oui are New York qui cartonne, et qui met en lumière les français qui partent vivre à New York Enfin, comme à l'accoutumé, nous terminons par quelques questions personnelles. Bonne écoute

Fabrice Grinda is the founder of Zingy, Aucland OLX and FJ Labs, a VC firm and venture studio based in NYC, focusing on marketplace businesses. FJ Labs has invested in hundreds of companies such as Alibaba, Bla Bla Car, Zolostays, Brightroll, ZoomCar and many many more. In 2018, Forbes named Fabrice the #1 Angel investor in the world. On this episode of Invest Stream, Fabrice shares his journey as an entrepreneur and how that led him to invest in startups in France and Europe, his thoughts on the cryptocurrency vertical, what approach he took to working with the entrepreneurs that he invested in and much much more. --- Send in a voice message: https://anchor.fm/pjain/message Support this podcast: https://anchor.fm/pjain/support

#003 Fabrice Grinda - Investor @ FJ Labs. Fabrice is named by Forbes as the No.1 angel investor in the world. He has 150 exists out of 500 angel investments. He invested in some of the top marketplace platforms in the world. His portfolio includes Alibaba, Flexport and Delivery Hero. Fabrice is currently running the startup studio and venture fund FJ labs, which he co-founded with business partner Jose Marin. https://www.SmartVenturePod.com IG/Twitter/FB @GraceGongGG LinkedIn:@GraceGong Join the SVP fam with your host Grace Gong. In each episode, we are going to have conversations with some of the top investors, super star founders, as well as well known tech executives in the silicon valley. We will have a coffee chat with them to learn their ways of thinking and actionable tips on how to build or invest in a successful company.  

Demain sera un autre jour… Pour le monde entier et peut-être plus encore pour ces entrepreneurs-voyageurs français, dont la société, créée à l’étranger, est le plus souvent encore en phase de croissance. Dans ce numéro 3 de « Rebondir », le podcast spécial coronavirus, nous donnons la parole pour la deuxième fois à quelques-uns des French Boss rencontrés au cours des dix-huit derniers mois, avant la pandémie de Covid 19. Ceux-ci évoquent la manière dont ils espèrent rebondir au terme d’une crise qui a laissé les moins costauds d’entre eux pratiquement exsangues… Ce qui n’est le cas d’aucun de nos invités de la semaine.Autour du micro de « Rebondir » aujourd’hui : Fabrice Grinda, businessman… investisseur… entrepreneur… qui partage son temps entre New York et les Caraïbes… Emilie Corel fondatrice de l’agence immobilière Keys to London. Et Philippe Cahuzac dont les meubles modernes - Gaia Design - s’arrachent, à Mexico où il est établi, mais aussi sur tout le continent sud-américain. Et chacun d’eux a de bonnes raisons de ne pas être trop pessimiste.

In this episode, Fabrice talks about marketplaces and how to build demand and supply in such situations.

Pour ce 11ème épisode dédié aux entrepreneurs face à la crise du covid-19 (et deuxième réalisé en live sur LinkedIn), je reçois du très lourd. Fabrice Grinda c’est une légende de la tech, le plus gros business angel du monde selon Forbes, une tête tout droit sortie de Princeton avec les honneurs ! Un gros bonnet en somme. Fabrice, c’est aussi le mec qui a fondé OLX, le plus grand site web d’hébergement de petites annonces avant de se lancer dans FJ Labs, l’une des boîtes d’investissements les plus actives avec quelques 600 boîtes à son portefeuille dispersées aux quatre coins du globe, dont 500 où il est encore actif. Alors forcément, je me suis dit qu’il devait avoir un bon pouls de ce qui se passe dans cet univers. C’était clairement le cas. “Mon intuition c’est, qu’en septembre, la majorité des startups vont chercher des fonds. Donc, la concurrence sera accrue. Idéalement, il faudrait attendre septembre 2021 avant de chercher à lever de nouveau.”Depuis son île des Caraïbes où il est confiné, Fabrice nous livre sa perception de la crise et nous raconte comment les entreprises de son portefeuille ont réagi. Il nous explique aussi comment, en tant qu’investisseur, il continue son activité, en faisant des bridges notamment. Dans cet épisode, Fabrice explique également comment survivre à cette période et vous livre ses conseils pour lever si vous êtes une entreprise ou, au contraire, pour investir. Il nous donne également les conseils exclusifs qu’il donne aux entrepreneurs qu’il côtoie en ce qui concerne la façon de continuer à fonctionner, sur la gratuité ou non des services et sur si c’est le bon moment pour se lancer. “Il faut absolument conserver les unités business et sales. Les grands groupes qui, en temps normal, refusent de parler aux startups viennent maintenant les chercher car elles sont désespérées à l’idée du faire du chiffre d’affaires. C’est le meilleur moment pour signer de nouveaux contrats.”L’entrepreneur qui vit à New-York depuis plus de 20 ans raconte également comment la ville qui ne dort jamais s’est organisée et les mesures prises en place par le gouvernement de Trump, notamment pour soutenir l’économie. Enfin, Fabrice et moi, nous répondons aux questions que VOUS nous avez posées pendant le live. Un épisode passionnant, richissime en conseils et apprentissages ! Pour en savoir plus sur Fabrice, je vous conseille l’épisode que nous avions fait ensemble. Vous pouvez le suivre sur LinkedIn (et lui envoyer vos propositions, il vous dit comment l’attirer dans cet épisode) et sur son blog. Episode réalisé en live sur LinkedIn grâce à Streamyard et Zencastr.

Bienvenue à tous dans notre matinale, c'est un énorme Good Morning FrenchWeb que nous faisons à tous. Dans cette période complexe, nous vous proposons de prendre le maximum de hauteur par rapport à l'actualité afin de mieux comprendre les perspectives qui s'offrent à nous. L'ensemble de la rédaction de Decode Media se consacre à identifier des solutions opérables qui répondent aux problèmes concrets que nous rencontrons au cours de cette crise qui s'annonce longue et probablement à répétition.N'hésitez pas à nous contacter à redaction.Frenchweb@decode.media pour partager avec ce que vous faites, et prendre la parole sur FrenchWeb

Podcast we loved It's a series called Audience from the team at Castos. We get asked a lot about the process of podcasting. So rather than share how we do it, better to find some folk who already have. This series is an honest, unfiltered, and real-time view inside their journey to growing an impactful podcast. They share the best promotional strategies to the test, then report back on their successes and failures in each new episode.The first two episodes shed light on the first questions every podcaster needs to answer: what is the show about and what gear should I use? They start with some context, digging into why make a podcast in the first place and give you the low down on their setup, what gear they use plus why a basic recording setup is all you need. They go beyond the basics and cover crafting your Narrative, pick apart the science of storytelling, and get candid about why some podcasts are stickier than others.If you want to dip your toe, Audience is great place to start. We found this onlineIt's a short 25 minute read on the Axios blog called Mega Trends that will shape the 21st Century they review forthcoming book, "The Precipice," by Toby Ord of Oxford's Future of Humanity Institute which gives 1 in 6 odds that humanity will suffer an existential catastrophe during the next 100 years — almost certainly due to our own actions.But, Ord and others argue if we properly harness threatening technologies and mature as a species, we could not only survive the 21st Century, but thrive in it. This post gives you a succinct breakdown and provides a feast of interesting links to take you down the rabbit-hole. Recommended to UsLiving in New York, it's normal that you have friends coming to the city for work, a short vacation, and a long weekend, and it's not uncommon to be asked about what they should see and do, especially when they have tick boxes all the usual tourist spots. This post from Forbes ranked no1 angel investor Fabrice Grinda, does that job for us. Save this link if you're heading to NYC soon. Social Impact Finally, this week this post confronts the reality that in 2019 we saw a fall for the second straight year. Whether driven changes in tax incentives or just compassion fatigue, this post provides ten evidence-based methods for encouraging people to give more to charity, that charities and individuals use to help overcome the tendency to limit generosity? Finally Last Weeks PodcastPamela H Smith was born and raised in a small isolated California town, influenced by what she describes as a 'consistent, persistent, and gentle' math teacher father and the 'artistic and creative' mother, serendipity led her to discover her love of the history of science in... See acast.com/privacy for privacy and opt-out information.

Fabrice Grinda (@fabricegrinda), entrepreneur and angel investor, joins Erik on this episode.They discuss:- What Fabrice believes about marketplaces and the trend towards verticalization that VCs don’t believe.- How they evaluate investments and the four criteria that they use to determine whether they will invest or not.- His breakdown of some of the failed marketplace startups.- What you need to know if you’re building a marketplace business in 2020.- His analysis of marketplaces for home school, child care, therapy, construction, and more.- How this intersects with the future of work and the future of food.- Why certain legacy marketplaces have managed to stick around.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.

Fabrice Grinda (@fabricegrinda), entrepreneur and angel investor, joins Erik on this episode.They discuss:- What Fabrice believes about marketplaces and the trend towards verticalization that VCs don’t believe.- How they evaluate investments and the four criteria that they use to determine whether they will invest or not.- His breakdown of some of the failed marketplace startups.- What you need to know if you’re building a marketplace business in 2020.- His analysis of marketplaces for home school, child care, therapy, construction, and more.- How this intersects with the future of work and the future of food.- Why certain legacy marketplaces have managed to stick around.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.

Fabrice Grinda is the founder of FJ Labs, a company co-creation and investment firm, focused on marketplace businesses. FJ Labs has invested in companies such as Flexport, Shippo, Lime, Brightroll, among many others. Fabrice is also a serial entrepreneur, previously founding three companies - Zingy, Aucland, and OLX - All of which scaled to significant size. He was born in France and is an avid traveler, writer, and speaker. In this episode, we cover what it was like to come to the U.S. for college, starting his first company in the dot com in France at the age of 24 and riding it to massive scale before experiencing the fallout in the early oughts, as well as starting again, successfully exiting companies, and becoming a true expert on marketplace business dynamics. We also discuss the transition to investor, the unique aspects of FJ Labs, both from an LP perspective and an investment perspective, as well as making a personal decision a few years ago to live "asset-light."

This week I want to reflect on mental wellness, technology, and sleep.During this first season we didn't set out to explore mental wellness but it became apparent that in the arc of their stories that mental fortitude, resilience, and strength were crucial to the achievements of our guests, even those that had experienced mental health challenges in their lives.Reflecting on these many interviews, intentionality seems to define our guests. Intentionality of how they live their lives and how they live with technology. Whether Ryder Carroll through his Bullet Journal or Debbie Millman's life design methodology where she writes a projected vision of her perfect day five years in the future, defining their future selves seems to be a common trait. Outside of the Podcast, I did a breakfast interview with Fabrice Grinda, Forbes listed No1 Angel Investor, where he laid out his life planning approach, writing 20000-word letters to himself outlining his future life. This for me is intentionality. We live in a world where It's so easy to assume from the polished veneer of our socially connected world that everyone is happy, mentally strong and resilient. Contrast that with the common reality of the distracted lives of those who live in a constant state of what is often called Continuous Partial Attention. I'll quote from the visionary thinker and thought leader, Linda Stone: ‘In large doses, it contributes to a stressful lifestyle, to operating in crisis management mode, and to a compromised ability to reflect, to make decisions, and to think creatively. In a 24/7, always-on world, continuous partial attention used as our dominant attention mode contributes to a feeling of overwhelm, over-stimulation and to a sense of being unfulfilled. We are so accessible, we're inaccessible. The latest, greatest powerful technologies have contributed to our feeling increasingly powerless'.Just consider the neurological and neuro-chemical effects this is having a pandemic of global proportions320m people globally are suffering from depression and anxiety and that's just the reported numbers 16.1 million American workers are affected by Major Depressive Disorder according to Workplacementalhealth.orgIn the US alone the feeling of social isolation is on the rise - 50% of of the population claim to feel ‘alone...disconnected ...that no one really knows us'Since 2011 depression rates have risen 60% amongst 12-17-year-old teens and young adults.This is an individual and a collective problem44% of adults say stress has increased in the last five years 56% of employees say stress and anxiety impact their job performance 62% of missed workdays are attributed to Mental Conditions We need to confront this. I think most of us have experienced the negative impact that social media and technology can have on wellbeing. But we can't turn back the technology timeline and we need to face emerging challenges of rapidly changing world where our identity and purpose as humans will be challenged by the advances in AI and Machine learning - where they can out think us, outperform us and out reason us…Soon we will have to question more than ever who we arewhat we want to beand doSo as technology threatens to erode our humanity, we need to strengthen our collective identity and that starts with us to take action and confront the realities of how we live with technology today. If you are... See acast.com/privacy for privacy and opt-out information.

Minter Dialogue Episode #335Fabrice Grinda is an entrepreneur, speaker and renowned angel investor. He was ranked #1 in Forbes, nearly 2x the #2, based on investment volume + number of exits. He's invested in banner names such Alibaba, Airbnb, Dropbox, Tencent, Uber & Palantir. He's currently cofounder of FJ Labs, a venture capital/PE company investing in ambitious founders solving big problems. Previously, he founded and successfully sold several startups, including Aucland (a European Ebay), Zingy and OLX (the alternative to Craigslist). In this conversation with Fabrice, we talk about the key to his success, some important lessons learned and a dive into his own life pivot. Fabrice is a vivid and well known speaker and a force of nature. Please send me your questions as an audio file or text to nminterdial@gmail.com; or you can find the show notes and comment on minterdial.com. If you liked the podcast, please take a moment to go over to iTunes to rate/review the podcast. Otherwise, you can find me @mdial on Twitter. Support the show (https://www.patreon.com/minterdial)

Join us today as we speak with Fabrice Grinda from FJ Labs about wellbeing being everything.

Brillant et différent. Deux mots pour définir l'invité de l'épisode 9 de French Boss.Plus de 25 ans après la création de sa première société aux Etats-Unis, Fabrice Grinda, entrepreneur français basé à New-York, continue de faire ce qu'il a toujours fait: investir pour aider à créer des sociétés, ou créer lui-même. De succès fracassants en coups de blues temporaires, l'itinéraire flamboyant d'un homme résolument atypique.

Fabrice Grinda has been rated #1 angel investor in the world by Forbes. He has invested in more than 400 startups and 150+ exits. He has invested in the likes of Alibaba, Airbnb, Uber, Palantir & many more. Before starting FJ Labs, he started and sold multiple companies including Zingy, OLX. There are so many great takeaways from this interview and lessons we can learn. We get into his beginning days, the companies he founded, his failures, successes and much more, Enjoy!

Amol Sarva (Knotel cofounder) takes In the Know to talk with with the angel and founder Fabrice Grinda about his 100s of startup experiences and mainly about systems — the system for selecting the right businesses for Fabrice, originally his

Watch the full episode on YouTube: https://youtu.be/SGPMfHxFmgo Fabrice Grinda has been called the most prolific angel investor in the world, even being ranked #1 in Forbes based on investment volume + number of exits. He’s exited hundreds of millions of dollars from 500+ investments in companies like Alibaba, Viagogo, Tencent, Airbnb, Betterment, Uber, Fanduel & Palantir. Before setting up his “startup studio” & investment fund, he started and sold multiple companies including OLX, the leading “Craigslist” marketplace of countries like India, Brazil & Pakistan. But things weren’t always so rosy. Fabrice shares stories of living on $2/day, living in his office because he couldn’t afford an apartment & missing payroll 27 times! We also discuss the future of marketplaces, how he’d think of business ideas if starting today, the science of happiness, minimalism, and why we’re still at the very beginning of the tech revolution. Here are five things to listen out for: Reasons to be optimistic – why we’re the luckiest people in the world to be alive at this time and why we’re only at 1% of the tech revolution Minimalism – from living on a 20-acre estate in Bedford, New York, to “island shopping” and then selling all his possessions – Fabrice has lived both extremes and shares his perspective on a healthy balance The Science of Happiness – factors that make people happy and hacks to maximize your own “mean level of happiness” The Future of Marketplaces – 3 trends in marketplace businesses and a framework for thinking about business ideas How Venture Capital Works – the typical startup fundraising cycle, from initial investment to venture capital at series A, B, C etc. CONNECT ON SOCIAL: https://www.instagram.com/creatorlabfm https://www.instagram.com/bzaidi212 Full show notes: https://www.creatorlab.fm/fabrice-grinda-fj-labs-interview/ Thank you to our sponsors who help make this show possible: SquareFoot, where growing companies find their place, check out SquareFoot.com/creatorlab to find your next office space Instasleep Mint Melts, the drug-free sleep aid that melts in your mouth. Use the code “creator8” to get 20% off your order on Amazon.

Prolific angel investor and successful tech entrepreneur Fabrice Grinda stops by to talk with Gabe Zichermann about why everyone should have a process for failure.

Jon Stein is the cofounder of online investment advisor Betterment. One of the first FinTech companies, and a startup that launched in the pit of the 2008 financial crisis. Betterment has landed $275 million in funding. Investors include Fabrice Grinda, FJ Labs, Andy Dunn, Menlo Ventures, and Bessemer, as well as large family offices with patient capital.

With over 400 startup investments and 150 plus exits Fabrice Grinda is unquestionably one of the most experienced entrepreneurs and investors on the planet today. If anyone knows what it takes to build a scrappy and scalable startup, and how to cash in on one, it's got to be Fabrice. In a new episode of the DealMakers podcast he pulled back the curtain on his biggest mistakes and how to hit home runs, again and again.

With over 400 startup investments and 150 plus exits Fabrice Grinda is unquestionably one of the most experienced entrepreneurs and investors on the planet today. If anyone knows what it takes to build a scrappy and scalable startup, and how to cash in on one, it’s got to be Fabrice. In a new episode of the DealMakers podcast he pulled back the curtain on his biggest mistakes and how to hit home runs, again and again.

In Episode 123, we welcome entrepreneur and renowned angel investor, Fabrice Grinda. The guys begin by discussing their mutual love for skiing, talking about heli-skiing in Canada, powder skiing in Japan, and the steeps of Chamonix in France.  Meb asks Fabrice to recap his background. What follows is a fascinating look at the professional path of a wildly-successful entrepreneur and angel investor. Fabrice’s history involves consulting with McKinsey, building the equivalent of eBay in Europe and South America, starting another company that brought ringtones, mobile games, and wallpaper to the US (and eventually did $200M in revenues), and then consulting for fellow CEOs. Ultimately, Fabrice and his partner launched FJ Investments, which is where he’s currently focused. Meb asks about Fabrice’s investment approach and the frameworks he uses. Fabrice tells us he invests in about 75 new startups each year, mostly seed and pre-seed. He writes smaller checks (about $500K), as compared to the bigger VC firms. He provides us insights into his selection criteria – one of the most important of which is unit economics. The degree to which a founder understands his/her economics is an indicator as to how well he/she understand the business. Fabrice has deployed about $140M to date, mostly personal money. He’s had 150 realized exits on 400 investments, with a realized IRR that’s pretty staggering. You’ll have to listen to get that detail.   The guys hit on a handful of topics next: Fabrice’s experience with Beepi, which ends with Fabrice’s advice to “nail it before you scale it”…. Why investing in the U.S. is often a wiser choice than looking internationally… Fabrice’s preference for investing in marketplace-oriented businesses… And how “we’re still at the very beginning of the tech revolution… we are day one.” Next, the guys talk about the specifics of creating an angel portfolio, with Meb bringing up the phrase “spray and pray”. Fabrice tells us that’s not his methodology. He’s more selective. That said, in private markets, returns tend to follow power law, meaning the top few deals account for most of the returns so it’s important to have some of those deals in your portfolio. Given this, for most people, there’s real value in diversification. Meb asks what lessons Fabrice has learned throughout his experiences so far. Fabrice tells us that if you’re going to invest in this asset class, you need to be diversified. He mentions that if you have less than a certain amount of investments, you’re going to lose money. Another lesson is that investors needs to stick to their guns. For instance, Fabrice has found that his thesis, the company team, the business, and the valuation (deal terms) must all be within his desired parameters in order to move forward. There was a time when he would fall in love with a founder, and would use that as an excuse to slide on some of his other criteria. But doing so sometimes lost him money. Other lessons involve honesty and transparency, as well as the importance of knowing your true value-add. There’s way more in this angel-themed episode: The current angel market, including opportunities and valuations… How Fabrice sees the broader economy and recession risk… How a crypto-hacker got into Fabrice’s crypto wallet… and Fabrice’s most memorable trade. Any entrepreneurs will likely be able to relate to this one. All these details and more in Episode 123.

Fabrice left Mckinsey to be a tech entrepreneur. Did that, made millions, gave it all away to have nowhere to live and less than 100 items. His journey and how to write yourself an email to help make important life decisions.

Il se définit lui même comme un “nerd”. Cet épisode est tout simplement lunaire, un grand moment avec Fabrice Grinda, ce type très précoce qui a fait fantasmer les entrepreneurs français les plus pointus. Une fois n’est pas coutume, je vous propose comme descriptif de cet épisode, un condensé de ce que Fabrice m’a raconté. Pour plus d’infos, ajoutez-moi sur Linkedin et sur Instagram! Un étudiant prodige à Princeton : “J’étudiais tout et n’importe quoi... chimie organique, biologie moléculaire, guerre du Péloponnèse, économie, mathématiques, anglais, mandarin, espagnole...Mais de programmation, je savais déjà programmer à 10 ans.” “À 21 ans je suis sorti major de promo.” Le début de carrière à McKinsey : "J'étais entouré de gens très intelligents, et parmi eux j'étais souvent le plus intelligent et pourtant celui qui avait le moins de réussite - parce que pour réussir dans la vie, ce n'est pas qu'une question de QI : c'est une question d'empathie, de capacité à communiquer à l'oral ou à l'écrit, à savoir s'exprimer en équipe, ..." Un premier “échec” à Aucland : "J'avais une arrogance incroyable [...] : eBay m’a offert, avant que je lève des fonds auprès de Bernard Arnault, 20M$, j'avais 75% de la boîte, j'avais 24 ans, j'allais gagner 15M$ alors que la boîte existait depuis 4 mois." “J’avais pas fait ça pour l’argent, j’ai refusé de vendre...La boîte a éclaté, j’ai presque rien gagné.” Un renversement de situation à Zingy : "J'ai raté la paie pendant 4,5 mois - on est passé de 27 personnes à 7 personnes puisque quand on arrête de payer les gens : ils arrêtent de venir au travail :).” “Je travaillais 100h par semaine, j'avais 26 ans et je vivais avec littéralement 2$ par jour à NYC pendant 2 ans...je squattais le canapé de mon bureau." “On a fait 1M$ les 9 premiers mois de 2003, 4M$ les 3 derniers mois de 2003, l'année d'après on a fait 50M$, puis 200M$ en 2005...On est passé de 7 employés à 250 en 12 mois" "En fait, ça ne change rien dans la vie [...] Le vrai jour de célébration, c'est pas le jour où j'ai gagné 26M$, c'était le jour où on est devenu profitable et où j’ai pu payer mes employés." Une belle performance à OLX : “C’était énorme, le site faisait partie du top 20 des meilleurs sites au monde avec plus de 300 mille visiteurs par mois” "J'avais un bel appartement à NY, une belle voiture, une belle maison, [...] mais en fait, en ayant toutes ces choses-là, on en devient un peu prisonnier...Il faut pas raisonner en cost, mais en ce qui maximise notre bonheur à tout moment" Ce n’est pas fini à FJ LABS : “Aujourd’hui la boîte a déjà investi dans 400 startups et créé 8 startups qui cartonnent.” "Quand je crée une boîte, plutôt que d'embaucher une boîte de RP, j'embauche sur Upwork et je demande 'trouvez tous les journalistes qui ont parlé du sujet X sur la dernière année' - puis j'embauche d'autres personnes pour écrire un article spécifiquement pour eux et en phase avec leurs audiences." Un mode de vie Atypique : "J'outsource tout ce que je peux dans la vie. " "Je m'envoie un email tous les 6 mois pour évaluer où j'en suis dans ma vie personnelle et professionnelle et étudier toutes mes options" "À 27 ans, j'ai eu ma première copine...Maintenant j'utilise les mêmes stratégies de hacking que j'utilise dans ma vie entrepreneuriale pour vivre mes relations amoureuses.” Pour lire l’article en intégralité et connaître plus de détails sur le parcours de Fabrice Grinda, c’est par là : lien Linkedin

Fabrice Grinda is among the world’s leading Internet entrepreneurs and investors with over $300 million in exits and 200 angel investments including the likes of Alibaba, LendingClub and BrightRoll. Fabrice is currently investing in startups and building companies through FJ Labs, which he cofounded with business partner Jose Marin. Fabrice is also co-founder and executive chairman of Beepi, a next generation used car marketplace which recently raised $60 million in series B funding. Prior to FJ Labs and Beepi, Fabrice was co-founder and co-CEO of OLX, one of the largest websites in the world with over 200 million unique visitors per month. Submit Your Startup To Fabrice In Today's Episode You Will Learn: 1.) How did Fabrice make his entry into the world of investing? 2.) How important is it for investors to have entrepreneurial experience? 3.) What are the most common problems Fabrice's portfolio companies face? 4.) What is Fabrice's selection criteria for startups when investing and what determines the valuation of a startup? 5.) How does Fabrice respond to the allegation that he is a clone collector? 6.) With Fabrice's $1m syndicate, does he believe syndicates have the potential to replace VC?   Items Mentioned In Today's Show: Fabrice's Fave Book: What If by Randall Munroe, Think Like A Freak by Stephen Dubner Fabrice's Fave Newsletter: TechCrunch Fabric's Most Recent Investment: Flexport As always you can follow Harry, The Twenty Minute VC and Fabrice on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow Harry on Instagram here!  

Craigslist seems unbeatable. It’s often blamed (or celebrated) for destroying the classifieds business that helped keep American newspapers afloat. Now second-time Venture Voice guest Fabrice Grinda is seeking to dominate online classifieds with OLX, his latest venture. Unlike Craigslist, OLX is translated into many languages and has a global focus.…

Download the MP3. Craigslist seems unbeatable. It's often blamed (or celebrated) for destroying the classifieds business that helped keep American newspapers afloat. Now second-time Venture Voice guest Fabrice Grinda is seeking to dominate online classifieds with OLX, his latest venture. Unlike Craigslist, OLX is translated into many languages and has a global focus. OLX is completely ad supported so there are no fees for job or real estate listings as there are on Craigslist. Still, it sounds crazy to compete with Craigslist. If anyone can do it, it may be Fabrice. When we interviewed him in December, 2005, it was on his last day working as CEO at Zingy, a ring tone provider that he founded and sold for $80 million against all odds. OLX already has 125 employees and 60 million unique visitors per month, but with $28.5 million is venture capital it has a lot of growth ahead of it before it's a success. Hear how Fabrice plans on getting there. Show sponsor: FreshBooks - an easy online invoicing provider used by Venture Voice

Download the MP3. If you think the ringtone business is for kids, then Fabrice Grinda has a $130 million lesson to teach you. After starting the eBays of Europe and Latin America, Fabrice brought the ringtone business concept to America by starting Zingy. We caught up with Fabrice, now 31 and a millionaire several times over, just a couple of hours before he finished his last day at the helm of Zingy. While his possessions were in boxes, he put all of his cards on the table by telling us his net worth at every stage of the game. He’s risked all of his resources in the past for his ventures, but will he do it again? Listen to hear his plans. Update (4/16/08): Fabrice announced on the Venture Voice blog that he's launched a new online classified business called OLX that's been dubbed a Facebook killer. OLX recently raised $13.5 million in venture funding. Show notes:

If you think the ringtone business is for kids, then Fabrice Grinda has a $130 million lesson to teach you. After starting the eBays of Europe and Latin America, Fabrice brought the ringtone business concept to America by starting Zingy. We caught up with Fabrice, now 31 and a millionaire several times over, just a couple of hours before he finished his last day at the helm of Zingy.…