Social and economic performance of Frenchdigital
business start-ups
Barometer 2014
Page2
1. Methodology
2. Executive summary
3. Keyfigures
3.1 Revenues
3.2 Fund-raising
3.3 Innovation support
3.4 People
3....
Page3
1. Methodology
Page4 Barometer2014
1. Methodology
• Barometer based on data from VC-backeddigital start-ups
• Surveysent by venturecapita...
Page5
2. Executive summary
Page6
Hyper growth & Born global
+43% of revenues vs 2012
39% of revenues are generated abroad
in 2013
+ 100% of ROW reven...
Page7
3. Keyfigures
Page 8 Barometer 2014
3.1 Revenues
• Total revenues (in €m) • Growth of total revenues (in %)
Analysis by revenue segment
...
Page 9 Barometer 2014
3.1 Revenues
• Worldwide revenues (in %) • Worldwide revenues (in €m)
72%
61%
17%
21%
11%
18%
0%
10%...
Page 10 Barometer 2014
3.2 Fund-raising
• Average and median of fund raised
(in €m)
Analysis by revenue segment
• Internat...
Page 11 Barometer 2014
3.3 Innovation support
* Sample of 83 companies created after 2005.
46%
No
54%
Yes
• Did you use th...
Page 12 Barometer 2014
3.3 Innovation support
25%
No
75%
Yes
83%
No
17%
Yes
Tax credit for encouraging competitiveness and...
Page 13 Barometer 2014
3.3 Innovation support
• Financing Research & Development
(in €m)
• Tax controls in 2013
Percentage...
Page 14 Barometer 2014
3.4 People
• People
6,190
7,566
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
2012 2013
1376
jo...
Page 15 Barometer 2014
91%
3.4 People
4%
3%
1%
Permanent contract ("CDI")
Temporary contract ("CDD"
and "Interim")
Profess...
Page 16 Barometer 2014
3.4 People
30%
+ €50m
50%
€5m to €50m
20%
0 to €5m
• Distribution of employees by start-ups revenues
Page 17 Barometer 2014
3.4 People
• Average age of staff • Ratio Management/Staff wages
42
32
0
5
10
15
20
25
30
35
40
45
...
Page 18 Barometer 2014
3.4 People
89%
Yes
11%
No
• Are you both founder and manager of the company?
Page 19 Barometer 2014
3.4 People
54%
No
94%
Men
46%
Yes
6%
Women
• Serial entrepreneur • Gender of Chief Executive Officer
Page 20 Barometer 2014
94%
are men
42
years old
46%
are serial
entrepreneurs
92%
have at least a
master degree
3.4 People
...
Page 21 Barometer 2014
3.5 Valuesharing
70%
Loss
30%
Gain
* Sample of 94 start-ups.
• « Earnings before interests and taxe...
Page 22 Barometer 2014
3.5 Valuesharing
54% 46%
% of shares held by owners
and employees
% of shares held by external
shar...
Page 23 Barometer 2014
3.5 Valuesharing
90%
Yes
10%
No
* Analysis based on a sample of 101 start-ups.
• Are you using equi...
Page 24 Barometer 2014
3.5 Valuesharing
60%
27%
13%
* Analysis based on a sample of 105 start-ups.
Warrants (BSPCE)
Free s...
Page 25 Barometer 2014
3.5 Valuesharing
* Sample of 99 start-ups.
• Percentage of employees owning equity instruments*
Per...
Page 26 Barometer 2014
3.5 Valuesharing
96%
No
4%
Yes
• Did you distribute dividends since the creation of the company?
Page 27
4. Contacts
Page 28
Contacts
Franck Sebag
Partner, EY
VC & IPO Leader France
@frsebag
Xavier Lorphelin
Managing Partner
Serena Capital...
Prochain SlideShare
Chargement dans…5
×

Social and economic performance of french digital startups - France Digitale EY 2014

49 385 vues

Publié le

Social and economic performance of french digital startups 3rd edition (2014) by France Digitale and EY

Publié dans : Business, Économie & finance
0 commentaire
10 j’aime
Statistiques
Remarques
  • Soyez le premier à commenter

Aucun téléchargement
Vues
Nombre de vues
49 385
Sur SlideShare
0
Issues des intégrations
0
Intégrations
43 272
Actions
Partages
0
Téléchargements
87
Commentaires
0
J’aime
10
Intégrations 0
Aucune incorporation

Aucune remarque pour cette diapositive

Social and economic performance of french digital startups - France Digitale EY 2014

  1. 1. Social and economic performance of Frenchdigital business start-ups Barometer 2014
  2. 2. Page2 1. Methodology 2. Executive summary 3. Keyfigures 3.1 Revenues 3.2 Fund-raising 3.3 Innovation support 3.4 People 3.5 Value-sharing 3.6 Entrepreneur’s profile 4. Contacts
  3. 3. Page3 1. Methodology
  4. 4. Page4 Barometer2014 1. Methodology • Barometer based on data from VC-backeddigital start-ups • Surveysent by venturecapitalists to their participations • EY,as a third-party, analyzeddata inorder to consolidate and guarantee its confidentiality. 116 5 years old €4,8m 2012 & 2013 start-ups Average age Raised since their creation (median) Key figures from financial data
  5. 5. Page5 2. Executive summary
  6. 6. Page6 Hyper growth & Born global +43% of revenues vs 2012 39% of revenues are generated abroad in 2013 + 100% of ROW revenues vs 2012 24% of respondents have a foreign VC that already invests in the firm People +22% of employees in one year 91% of permanent contracts 32 years old is the average age of employees 68% of employees have from Bachelor to Master Degree 6% of entrepreneurs are women Innovation support Value sharing 46% of the sample did not use « Young Innovative Company » tax incentive 77% use French research and development Tax Credit (CIR) French research and development Tax Credit remains the preferred state incentive 30% of employees owning equity instruments 90% of start-ups use equity instruments 2 is the average ratio between management and staff salaries 96% never distributed dividends
  7. 7. Page7 3. Keyfigures
  8. 8. Page 8 Barometer 2014 3.1 Revenues • Total revenues (in €m) • Growth of total revenues (in %) Analysis by revenue segment 1,598 2,279 0 500 1,000 1,500 2,000 2,500 2012 2013 71% 20% 44% 0% 10% 20% 30% 40% 50% 60% 70% 80% 0 to 5 M€ 5 to 50 M€ + 50 M€
  9. 9. Page 9 Barometer 2014 3.1 Revenues • Worldwide revenues (in %) • Worldwide revenues (in €m) 72% 61% 17% 21% 11% 18% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2012 2013 1,153 1,398 272 482 173 399 0 500 1,000 1,500 2,000 2,500 2012 2013 France Europe International France Europe International + 21% + 100% 39%
  10. 10. Page 10 Barometer 2014 3.2 Fund-raising • Average and median of fund raised (in €m) Analysis by revenue segment • International VC Percentage of foreign venture capitalists investing in French digital business start-ups. Analysis achieved by revenue segment. 5 16 29 2 10 18 0 5 10 15 20 25 30 35 0 to 5 M€ 5 to 50 M€ + 50 M€ Average Median 13% 23% 43% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 0 to 5 M€ 5 to 50 M€ + 50 M€
  11. 11. Page 11 Barometer 2014 3.3 Innovation support * Sample of 83 companies created after 2005. 46% No 54% Yes • Did you use the label « Young Innovative Company » (JEI)?* 23% No 77% Yes • Did you use the French research and development tax credit (CIR)?** ** Sample of 86 companies having R&D expenses.
  12. 12. Page 12 Barometer 2014 3.3 Innovation support 25% No 75% Yes 83% No 17% Yes Tax credit for encouraging competitiveness and jobs (CICE) Innovation Tax Credit (CII) • Did you use the new tax credits launched in 2013?
  13. 13. Page 13 Barometer 2014 3.3 Innovation support • Financing Research & Development (in €m) • Tax controls in 2013 Percentage of start-ups that had the Tax administration performing a tax control during the year*. 18% 24% 0% 5% 10% 15% 20% 25% 2012 2013 * Analysis based on a sample of 108 participants. 25 29 89 123 16 18 0 20 40 60 80 100 120 140 160 2012 2013 2012 2013 Research Tax Credit R&D InternationalFrance
  14. 14. Page 14 Barometer 2014 3.4 People • People 6,190 7,566 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 2012 2013 1376 jobs created
  15. 15. Page 15 Barometer 2014 91% 3.4 People 4% 3% 1% Permanent contract ("CDI") Temporary contract ("CDD" and "Interim") Professional training contract Internship 68% 26% 3% 3% From Bachelor to Master Degree From High school to Bachelor Degree High school Degree or less PhD • Type of work contracts (2013) • People qualification (2013)
  16. 16. Page 16 Barometer 2014 3.4 People 30% + €50m 50% €5m to €50m 20% 0 to €5m • Distribution of employees by start-ups revenues
  17. 17. Page 17 Barometer 2014 3.4 People • Average age of staff • Ratio Management/Staff wages 42 32 0 5 10 15 20 25 30 35 40 45 Average age Management Average age Employees 0.3 2 6.2 0.4 2 8.1 0 1 2 3 4 5 6 7 8 9 Minimum Average Maximum 2012 2013
  18. 18. Page 18 Barometer 2014 3.4 People 89% Yes 11% No • Are you both founder and manager of the company?
  19. 19. Page 19 Barometer 2014 3.4 People 54% No 94% Men 46% Yes 6% Women • Serial entrepreneur • Gender of Chief Executive Officer
  20. 20. Page 20 Barometer 2014 94% are men 42 years old 46% are serial entrepreneurs 92% have at least a master degree 3.4 People • Entrepreneur’s profile
  21. 21. Page 21 Barometer 2014 3.5 Valuesharing 70% Loss 30% Gain * Sample of 94 start-ups. • « Earnings before interests and taxes » or EBIT* • Percentage of positive « EBIT » by revenue segment* 12% 45% 71% 0% 10% 20% 30% 40% 50% 60% 70% 80% 0 to 5 M€ 5 to 50 M€ + 50 M€ €
  22. 22. Page 22 Barometer 2014 3.5 Valuesharing 54% 46% % of shares held by owners and employees % of shares held by external shareholders (VC, business angels …) • Percentage of capital shares held by owners and employees
  23. 23. Page 23 Barometer 2014 3.5 Valuesharing 90% Yes 10% No * Analysis based on a sample of 101 start-ups. • Are you using equity instruments to motivate your team?*
  24. 24. Page 24 Barometer 2014 3.5 Valuesharing 60% 27% 13% * Analysis based on a sample of 105 start-ups. Warrants (BSPCE) Free shares (actions gratuites) Stock-options & common shares (BSA) • Types of equity instruments*
  25. 25. Page 25 Barometer 2014 3.5 Valuesharing * Sample of 99 start-ups. • Percentage of employees owning equity instruments* Percentage calculated by doing the ratio between the number of employees owning equity instruments and the total of employees. First chart presents data globally and the second chart is presented by revenue segment. 28% 30% 27% 27% 28% 28% 29% 29% 30% 30% 31% 2012 2013 34% 24% 16% 0% 5% 10% 15% 20% 25% 30% 35% 40% 0 to 5 M€ 5 to 50 M€ + 50 M€
  26. 26. Page 26 Barometer 2014 3.5 Valuesharing 96% No 4% Yes • Did you distribute dividends since the creation of the company?
  27. 27. Page 27 4. Contacts
  28. 28. Page 28 Contacts Franck Sebag Partner, EY VC & IPO Leader France @frsebag Xavier Lorphelin Managing Partner Serena Capital @Xlorphelin About France Digitale France Digitale bring together the champions of digital entrepreneurship: start-ups with strong growth plans and potential investors (venture capitalists and business angels). To build an alliance between digital entrepreneurs and investors, so that France becomes fertile ground for the creation of digital champions of International stature. For more information, please visit www.francedigitale.org. EY I Assurance I Tax I Transactions I Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for communities. EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com.

×