{"id":10,"date":"2023-06-13T16:08:17","date_gmt":"2023-06-13T16:08:17","guid":{"rendered":"https:\/\/www.trainy.co\/blog\/?p=10"},"modified":"2023-06-13T16:08:17","modified_gmt":"2023-06-13T16:08:17","slug":"entrepreneur-first-raises-150-million-to-enco","status":"publish","type":"post","link":"https:\/\/www.trainy.co\/blog\/en\/entrepreneur-first-raises-150-million-to-enco\/","title":{"rendered":"Entrepreneur First raises \u20ac150 million to encourage entrepreneurial talents"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Founded in 2011, Entrepreneur First (EF) has raised \u20ac150 million from entrepreneurs and investors in Silicon Valley.<\/strong> A look at the success of <strong>a unique model<\/strong> that focuses on talent rather than existing projects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">&nbsp;&nbsp;<br>Entrepreneur First, a model that looks for talent rather than projects<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>EF aims to remove many barriers to entrepreneurship by helping hundreds of entrepreneurs find a co-founder.<\/strong><em> \u00ab\u00a0EF&rsquo;s mission is to unearth talent that might otherwise miss out on entrepreneurship. Talent is everywhere, but opportunities are not.\u00a0\u00bb<\/em> says Matt Clifford, co-founder of Entrepreneur First.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To do this, the French company relies on<strong> a rigorous selection of ambitious young people who want to be entrepreneurs, but who do not yet have a co-founder or a project<\/strong>. Reid Hoffman, co-founder of LinkedIn and member of the Entrepreneur First board of directors, adds that EF represents a springboard for talent from ecosystems less advanced than Silicon Valley. They have the opportunity to participate in <strong>an intensive 3-month program<\/strong> to generate an idea or join an existing project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read more :&nbsp;<a href=\"https:\/\/www.planetegrandesecoles.com\/french-tech-2021-les-plus-grosses-levees-de-fonds\">French Tech 2021 : the biggest fundraisers<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Entrepreneur First, an established success<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In France, four years after its launch, EF has already welcomed and financed <strong>more than 400 entrepreneurs<\/strong> and<strong> helped create 50 new French startups in a wide range of sectors<\/strong>. The value of the startups created within its programs<strong> now exceeds $10 billion,<\/strong> including the insurtech unicorn Tractable and Kinetix, the platform for creating 3D avatars in the metaverse.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read more :&nbsp;<a href=\"https:\/\/www.planetegrandesecoles.com\/quelle-rentabilite-pour-les-levees-de-fonds\">Fundraising : a guaranteed return ?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">&nbsp;&nbsp;<br>\u20ac150 million raised from the Silicon Valley<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On June 29, 2022 in Paris, EF announced that it had raised \u20ac150 million from Silicon Valley investors and entrepreneurs including Reid Hoffman (co-founder of LinkedIn), Taavet Hinrikus (co-founder of Wise) and Sara Clemens (former COO of Twitch and Pandora).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For Coralie Chaufour, Partner &amp; Managing Director of Entrepreneur First in France, this round of funding will further anchor EF&rsquo;s unique model in France to significantly <strong>contribute to the creation of the next generation of French companies that can be global technology leaders.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The objective of this fundraising is twofold: to allow EF<strong> to continue its growth and its ability to disrupt the traditional venture capital model<\/strong> and to give the company<strong> the flexibility to innovate<\/strong> and test new programs designed to encourage top talent to become entrepreneurs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded in 2011, Entrepreneur First (EF) has raised \u20ac150 million from entrepreneurs and investors in Silicon Valley. A look at the success of a unique model that focuses on talent rather than existing projects.<\/p>\n","protected":false},"author":3,"featured_media":581,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-10","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/posts\/10","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/comments?post=10"}],"version-history":[{"count":0,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/posts\/10\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/media\/581"}],"wp:attachment":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/media?parent=10"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/categories?post=10"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/tags?post=10"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}