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Today we are happy yo welcome Bruno Raillard, Co-founder & Managing Partner at Frst, a \u201cDay 1\u201d VC focused on founders building global-scale companies out of the French ecosystem. Launched in 2015, Frst now has over 200m\u20ac under management and has invested in the likes of Payfit, Owkin, Pigment, Electra and Shippeo. Before launching Frst, Bruno has built his career in financial consulting and general management working with startups, SMBs and large enterprises across a broad spectrum of industries.

In this episode you\u2019ll learn:

-The journey from financial consulting, to running a family office and finally launching Frst

- Bruno\u2019s reflections on the French tech and VC ecosystem, why it\u2019s considered closed by many and why an old adage would have said that French startups are destined to max out before unicorn status

- Bruno\u2019s reflections on pivoting from running an FO to running an independent fund

- A deep dive on Frst\u2019s recently launched paper \u201cAppel au G\xe9nie Fran\xe7ais\u201d (loosely translated to \u201cCall to French Genius\u201d) and how it relates to their investment thesis and strategy


The paper discussed in the episode can be read in English on episode page on eu.vc and in original French on https://www.linkedin.com/pulse/appel-au-g\xe9nie-fran\xe7ais-bruno-raillard