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App Store for Windows PC
Story of an almost successful French startup
by @thibauld – ex-CEO of Allmyapps
2009
A great start!
Software installation on PC is broken, let’s fix it!
2009 2010 2011 2012 2013 2014
2 co-founders: Arnaud (@coulondre) and I
2009 2010 2011 2012 2013 2014
70K€ euros raised from friends and family
2009 2010 2011 2012 2013 2014
Patrice
Jeff
Lionel
Gab
Damien
Maria
Brigitte
Seb
Hughes
Patrick
1st Launch: 30K users and 1st deal with Intel US
2009 2010 2011 2012 2013 2014
2010
The euphory
LeWeb09, Startup Academy, Techcrunch France
2009 2010 2011 2012 2013 2014
2009 2010 2011 2012 2013 2014
Marie
Sam
Hiring and building our team
2009 2010 2011 2012 2013 2014
Sylvain
Maxime Jerome
Patrice
Maxime
Xavier
Alex
Elodie
Fred
Gawen
1st App Store for Windows released!
2009 2010 2011 2012 2013 2014
2011
The mistakes
2011
The mistakesssss!
Big marketing push. Burn rate soars to 120K
2009 2010 2011 2012 2013 2014
The race to our 1st million users
Objective: Convincing Tier 1 software
publishers to sell on Allmyapps
2009 2010 2011 2012 2013 2014
Pb #1
We could not get them to sell on Allmyapps
2009 2010 2011 2012 2013 2014
Pb #1
2009 2010 2011 2012 2013 2014
Pb #2
It took us time to realize we had
BIGon-boarding issues
Product/market fit wasn’t there yet :/
2009 2010 2011 2012 2013 2014
Pb #2
It took us time to realize we had
BIGon-boarding issues
Our cash level was reaching the “danger” zone
2009 2010 2011 2012 2013 2014
Pb #3
2009 2010 2011 2012 2013 2014
+1M€ bridge financing
Objective: product iteration and Series A
2009 2010 2011 2012 2013 2014
+1M€ bridge financing
Fund raising attempt in the US… FAILED
2009 2010 2011 2012 2013 2014
Fund raising attempt in the US… FAILED
2009 2010 2011 2012 2013 2014
Fund raising attempt in the US… FAILED
2009 2010 2011 2012 2013 2014
2009 2010 2011 2012 2013 2014
New strategy!
all my apps on all my devices
Dropbox for Apps
2009 2010 2011 2012 2013 2014
New strategy!
2009 2010 2011 2012 2013 2014
New fundraising attempt in Europe…
FAILED
2009 2010 2011 2012 2013 2014
New fundraising attempt in Europe…
2012
The struggle
Only 4 more months left to live….
2009 2010 2011 2012 2013 2014
Pb #3 (again)
From 15…. to 8 employees :(
2009 2010 2011 2012 2013 2014
Only solution left: downsizing
Capitalizing on our current product
2009 2010 2011 2012 2013 2014
Back to Windows App Store
<Microsoft logo>
Marketing budget: 0€
2009 2010 2011 2012 2013 2014
Full SEO acquisition strategy
<Google logo>
App Promotion
2009 2010 2011 2012 2013 2014
New business model
2009 2010 2011 2012 2013 2014
New product - Allmyapps v2
Released on September 27th 2012
2009 2010 2011 2012 2013 2014
New product - Allmyapps v2
Race against time….
2009 2010 2011 2012 2013 2014
Sept
1K€
Revenues Cash left
175K€
Sept
Race against time….
2009 2010 2011 2012 2013 2014
OctSept
12K€
1K€
Revenues Cash left
100K€
175K€
OctSept
Race against time….
2009 2010 2011 2012 2013 2014
OctSept Nov
17K€
12K€
1K€
Revenues Cash left
63K€
100K€
175K€
OctSept Nov
Race against time….
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
Revenues Cash left
33K€
63K€
100K€
175K€
OctSept Nov Dec
3 months of cash missing :/
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
Break-even is around the corner!
Break-even
2009 2010 2011 2012 2013 2014
+300.000€ final investment
Objective: reaching profitability
2009 2010 2011 2012 2013 2014
+300.000€ final investment
2013
The recovery
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
28K€
Jan
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
28K€
50K€
Jan Fev
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
28K€
50K€
66K€
Jan Fev Mar
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
28K€
50K€
66K€
Jan Fev Mar
Break-even
2009 2010 2011 2012 2013 2014
OctSept Nov Dec
24K€
17K€
12K€
1K€
28K€
50K€
66K€
Jan Fev Mar
WE ARE
PROFITABLE!
Break-even
2009 2010 2011 2012 2013 2014
+200.000€ B2B deal
+25% monthly average growth
2009 2010 2011 2012 2013 2014
Daily allmyapps downloads
-
5 000
10 000
15 000
20 000
2009 2010 2011 2012 2013 2014
We’re out of the death zone…
2009 2010 2011 2012 2013 2014
We’re out of the death zone…
Back to our growth plans!
2009 2010 2011 2012 2013 2014
We’re out of the death zone…
Back to our growth plans!
2009 2010 2011 2012 2013 2014
But then this happened…
2009 2010 2011 2012 2013 2014
But then this happened…
0
100000
200000
300000
400000
500000
600000
Weekly allmyapps.com traffic
Google killed 70% of our traffic… overnight!
2009 2010 2011 2012 2013 2014
But then this happened…
0
100000
200000
300000
400000
500000
600000
Weekly allmyapps.com traffic
Google killed 70% of our traffic… overnight!
2009 2010 2011 2012 2013 2014
But then this happened…
0
100000
200000
300000
400000
500000
600000
Weekly allmyapps.com traffic
2009 2010 2011 2012 2013 2014
We’re BACK to the death zone…
Out our growth plans :(
2009 2010 2011 2012 2013 2014
We’re BACK to the death zone…
Out our growth plans :(
2009 2010 2011 2012 2013 2014
At this point…
2009 2010 2011 2012 2013 2014
At this point…
ALL IN !
We make it… or we crash it!
2009 2010 2011 2012 2013 2014
At this point…
ALL IN !
2009 2010 2011 2012 2013 2014
The main issue:
DISTRIBUTION
Let’s find another distribution channel!
Worldwide distribution deal with Systweak
2009 2010 2011 2012 2013 2014
January 2014
New distribution channel: OK
2009 2010 2011 2012 2013 2014
Results
-
20 000
40 000
60 000
oct.-13 nov.-13 déc.-13 janv.-14 févr.-14
Daily allmyapps downloads
2009 2010 2011 2012 2013 2014
End of March 2014
30K€ revenues / month
(back from 15K€ in January 2014)
We need 60K€ / month to break-even
BUT
In the “Danger” zone again!
2009 2010 2011 2012 2013 2014
Problem
3 months to sell the company
2009 2010 2011 2012 2013 2014
Decision
Let’s sell the company…
NOW!
2014
Selling Allmyapps
 9 employees
 500K€ Debts
 3M€ Loss carryforward (“déficit reportable”)
 100K€ in the Bank + 150K€ CIR “yet to come”
 30K€ operating loss / month
2009 2010 2011 2012 2013 2014
Company facts
April
2009 2010 2011 2012 2013 2014
The context
 Box software and games distributor
 Wants to go into online distribution
 Interested in:
– Our know-how / team
– Our technology
– Our users May
Company A
 Offers to buy the company shares for 350K€
 Keep all employees
2009 2010 2011 2012 2013 2014
The offer
May
Company A
 Letter of Intention received but:
– Company A refused to properly incentivize
employees to join the company
– As a result, all developers voiced their opposition
to join Company A during HR interviews
2009 2010 2011 2012 2013 2014
The result
May
Company A
 Letter of Intention received but:
– Company A refused to properly incentivize
employees to join the company
– As a result, all developers voiced their opposition
to join Company A during HR interviews
2009 2010 2011 2012 2013 2014
The result
May
Company A
2009 2010 2011 2012 2013 2014
The context
 French Coopetitor / We know each other
 Profitable company
 Interested in:
– The product and its user base
– Our catalog of desktop applications
– The Tax (IS) economy
– Buying a competitor June
Company B
2009 2010 2011 2012 2013 2014
The operation as proposed by Allmyapps
 A win/win deal:
– Sell of 100% shares for 500K€
– Risk free acquisition for Company B:
• Accretive even if synergies finally do not work as hoped
thanks to the important Tax economy
June
Company B
2009 2010 2011 2012 2013 2014
The (Non) Offer
 Strong first initial interest
 Abnormally slow moving
 Finally informally proposed to buy Allmyapps
with options (BSA) of the company
July
Company B
2009 2010 2011 2012 2013 2014
The result
 (non) offer contradictive to our 1st talks
 Not interesting for allmyapps shareholders
 Company B was obviously trying to run out
the clock
 Our answer: NO
July
Company B
2009 2010 2011 2012 2013 2014
The result
 (non) offer contradictive to our 1st talks
 Not interesting for allmyapps shareholders
 Company B was obviously trying to run out
the clock
 Our answer: NO
July
Company B
2009 2010 2011 2012 2013 2014
The context
 Allmyapps business partner for 1.5 years
 Leading company in the download space
 Interested in:
– The product
– Our catalog of desktop applications
August
2009 2010 2011 2012 2013 2014
The offer
 370K$ for allmyapps assets
 200K$ for pre-identified key employees to help
transition adapt our technology to their technical
platform
 30K$ for our mutual “contact agent”
August
2009 2010 2011 2012 2013 2014
The result
 370K$ < Allmyapps total debts:
– I cannot take the decision to sell alone
– Needs approval of “administration judiciaire”
 Our answer:
– OK but pending administration approval
August
2009 2010 2011 2012 2013 2014
Sept
September 9th 2014
Liquidation procedure opening
2009 2010 2011 2012 2013 2014
Sept
September 11th 2014
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 1
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 1
Company A
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 1
Company ACompany A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 1
Company A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 1
80K€
Company A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 1
80K€
250K€
Company A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 1
80K€
296K€
(370K$)
250K€
Company A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 2
Company A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 2
80K€
Company A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 2
80K€
320K€
Company A Company B
2009 2010 2011 2012 2013 2014
Oct
Final judgement – Round 2
80K€
320K€
361K€
(450K$)
Company A Company B
October 21st 2014
bought
for 361.000 euros
“If you’re going through hell, keep going.”
Winston Churchill
“If you’re going through hell, keep going.”
Winston Churchill
If you’d like to know more about my next upcoming venture:
@thibauld
Credits
Thanks again to all who contributed to this almost success story
Our early business, code and design angels
Patrice
Jeff Lionel Gab
Damien et Claude
Maria Brigitte
Seb
HughesPatrick
Leo
Andrea
Our funny and hardworking (sometimes) interns ;)
Adrien, Matthieu, David, Slim
Laurence, Reda, Cyprien, Pierre, Vivien, Loukmane
Feiyu, Xiaodong
Our hardworking team
Mikky, Xavier, Patrice, Gawen, Jean-Tristan, Frederic, Arnaud, Maxime, Elodie, Jerome, Thibauld, Alex, Sylvain, David
Axel Maxime Seb Patrick Jeremy
Our supportive investors and board members
Marie PaulineSamantha
Rodrigo Nenad
My friend and co-founder
Arnaud
My friend and co-founder
Arnaud
Hélène
And his supportive wife!
My beloved wife and partner for life!
Paola
My beloved wife and partner for life!
And finally my entire family for their never ending support
Paola

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Allmyapps - Story of an almost successful startup

  • 1. App Store for Windows PC Story of an almost successful French startup by @thibauld – ex-CEO of Allmyapps
  • 3. Software installation on PC is broken, let’s fix it! 2009 2010 2011 2012 2013 2014
  • 4. 2 co-founders: Arnaud (@coulondre) and I 2009 2010 2011 2012 2013 2014
  • 5. 70K€ euros raised from friends and family 2009 2010 2011 2012 2013 2014 Patrice Jeff Lionel Gab Damien Maria Brigitte Seb Hughes Patrick
  • 6. 1st Launch: 30K users and 1st deal with Intel US 2009 2010 2011 2012 2013 2014
  • 8. LeWeb09, Startup Academy, Techcrunch France 2009 2010 2011 2012 2013 2014
  • 9. 2009 2010 2011 2012 2013 2014 Marie Sam
  • 10. Hiring and building our team 2009 2010 2011 2012 2013 2014 Sylvain Maxime Jerome Patrice Maxime Xavier Alex Elodie Fred Gawen
  • 11. 1st App Store for Windows released! 2009 2010 2011 2012 2013 2014
  • 14. Big marketing push. Burn rate soars to 120K 2009 2010 2011 2012 2013 2014 The race to our 1st million users Objective: Convincing Tier 1 software publishers to sell on Allmyapps
  • 15. 2009 2010 2011 2012 2013 2014 Pb #1
  • 16. We could not get them to sell on Allmyapps 2009 2010 2011 2012 2013 2014 Pb #1
  • 17. 2009 2010 2011 2012 2013 2014 Pb #2 It took us time to realize we had BIGon-boarding issues
  • 18. Product/market fit wasn’t there yet :/ 2009 2010 2011 2012 2013 2014 Pb #2 It took us time to realize we had BIGon-boarding issues
  • 19. Our cash level was reaching the “danger” zone 2009 2010 2011 2012 2013 2014 Pb #3
  • 20. 2009 2010 2011 2012 2013 2014 +1M€ bridge financing
  • 21. Objective: product iteration and Series A 2009 2010 2011 2012 2013 2014 +1M€ bridge financing
  • 22. Fund raising attempt in the US… FAILED 2009 2010 2011 2012 2013 2014
  • 23. Fund raising attempt in the US… FAILED 2009 2010 2011 2012 2013 2014
  • 24. Fund raising attempt in the US… FAILED 2009 2010 2011 2012 2013 2014
  • 25. 2009 2010 2011 2012 2013 2014 New strategy!
  • 26. all my apps on all my devices Dropbox for Apps 2009 2010 2011 2012 2013 2014 New strategy!
  • 27. 2009 2010 2011 2012 2013 2014 New fundraising attempt in Europe…
  • 28. FAILED 2009 2010 2011 2012 2013 2014 New fundraising attempt in Europe…
  • 30. Only 4 more months left to live…. 2009 2010 2011 2012 2013 2014 Pb #3 (again)
  • 31. From 15…. to 8 employees :( 2009 2010 2011 2012 2013 2014 Only solution left: downsizing
  • 32. Capitalizing on our current product 2009 2010 2011 2012 2013 2014 Back to Windows App Store <Microsoft logo>
  • 33. Marketing budget: 0€ 2009 2010 2011 2012 2013 2014 Full SEO acquisition strategy <Google logo>
  • 34. App Promotion 2009 2010 2011 2012 2013 2014 New business model
  • 35. 2009 2010 2011 2012 2013 2014 New product - Allmyapps v2
  • 36. Released on September 27th 2012 2009 2010 2011 2012 2013 2014 New product - Allmyapps v2
  • 37. Race against time…. 2009 2010 2011 2012 2013 2014 Sept 1K€ Revenues Cash left 175K€ Sept
  • 38. Race against time…. 2009 2010 2011 2012 2013 2014 OctSept 12K€ 1K€ Revenues Cash left 100K€ 175K€ OctSept
  • 39. Race against time…. 2009 2010 2011 2012 2013 2014 OctSept Nov 17K€ 12K€ 1K€ Revenues Cash left 63K€ 100K€ 175K€ OctSept Nov
  • 40. Race against time…. 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€ Revenues Cash left 33K€ 63K€ 100K€ 175K€ OctSept Nov Dec
  • 41. 3 months of cash missing :/ 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€ Break-even is around the corner! Break-even
  • 42. 2009 2010 2011 2012 2013 2014 +300.000€ final investment
  • 43. Objective: reaching profitability 2009 2010 2011 2012 2013 2014 +300.000€ final investment
  • 45. 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€
  • 46. 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€ 28K€ Jan
  • 47. 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€ 28K€ 50K€ Jan Fev
  • 48. 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€ 28K€ 50K€ 66K€ Jan Fev Mar
  • 49. 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€ 28K€ 50K€ 66K€ Jan Fev Mar Break-even
  • 50. 2009 2010 2011 2012 2013 2014 OctSept Nov Dec 24K€ 17K€ 12K€ 1K€ 28K€ 50K€ 66K€ Jan Fev Mar WE ARE PROFITABLE! Break-even
  • 51. 2009 2010 2011 2012 2013 2014 +200.000€ B2B deal
  • 52. +25% monthly average growth 2009 2010 2011 2012 2013 2014 Daily allmyapps downloads - 5 000 10 000 15 000 20 000
  • 53. 2009 2010 2011 2012 2013 2014 We’re out of the death zone…
  • 54. 2009 2010 2011 2012 2013 2014 We’re out of the death zone… Back to our growth plans!
  • 55. 2009 2010 2011 2012 2013 2014 We’re out of the death zone… Back to our growth plans!
  • 56. 2009 2010 2011 2012 2013 2014 But then this happened…
  • 57. 2009 2010 2011 2012 2013 2014 But then this happened… 0 100000 200000 300000 400000 500000 600000 Weekly allmyapps.com traffic
  • 58. Google killed 70% of our traffic… overnight! 2009 2010 2011 2012 2013 2014 But then this happened… 0 100000 200000 300000 400000 500000 600000 Weekly allmyapps.com traffic
  • 59. Google killed 70% of our traffic… overnight! 2009 2010 2011 2012 2013 2014 But then this happened… 0 100000 200000 300000 400000 500000 600000 Weekly allmyapps.com traffic
  • 60. 2009 2010 2011 2012 2013 2014 We’re BACK to the death zone… Out our growth plans :(
  • 61. 2009 2010 2011 2012 2013 2014 We’re BACK to the death zone… Out our growth plans :(
  • 62. 2009 2010 2011 2012 2013 2014 At this point…
  • 63. 2009 2010 2011 2012 2013 2014 At this point… ALL IN !
  • 64. We make it… or we crash it! 2009 2010 2011 2012 2013 2014 At this point… ALL IN !
  • 65. 2009 2010 2011 2012 2013 2014 The main issue: DISTRIBUTION Let’s find another distribution channel!
  • 66. Worldwide distribution deal with Systweak 2009 2010 2011 2012 2013 2014 January 2014
  • 67. New distribution channel: OK 2009 2010 2011 2012 2013 2014 Results - 20 000 40 000 60 000 oct.-13 nov.-13 déc.-13 janv.-14 févr.-14 Daily allmyapps downloads
  • 68. 2009 2010 2011 2012 2013 2014 End of March 2014 30K€ revenues / month (back from 15K€ in January 2014) We need 60K€ / month to break-even BUT
  • 69. In the “Danger” zone again! 2009 2010 2011 2012 2013 2014 Problem
  • 70. 3 months to sell the company 2009 2010 2011 2012 2013 2014 Decision Let’s sell the company… NOW!
  • 72.  9 employees  500K€ Debts  3M€ Loss carryforward (“déficit reportable”)  100K€ in the Bank + 150K€ CIR “yet to come”  30K€ operating loss / month 2009 2010 2011 2012 2013 2014 Company facts April
  • 73. 2009 2010 2011 2012 2013 2014 The context  Box software and games distributor  Wants to go into online distribution  Interested in: – Our know-how / team – Our technology – Our users May Company A
  • 74.  Offers to buy the company shares for 350K€  Keep all employees 2009 2010 2011 2012 2013 2014 The offer May Company A
  • 75.  Letter of Intention received but: – Company A refused to properly incentivize employees to join the company – As a result, all developers voiced their opposition to join Company A during HR interviews 2009 2010 2011 2012 2013 2014 The result May Company A
  • 76.  Letter of Intention received but: – Company A refused to properly incentivize employees to join the company – As a result, all developers voiced their opposition to join Company A during HR interviews 2009 2010 2011 2012 2013 2014 The result May Company A
  • 77. 2009 2010 2011 2012 2013 2014 The context  French Coopetitor / We know each other  Profitable company  Interested in: – The product and its user base – Our catalog of desktop applications – The Tax (IS) economy – Buying a competitor June Company B
  • 78. 2009 2010 2011 2012 2013 2014 The operation as proposed by Allmyapps  A win/win deal: – Sell of 100% shares for 500K€ – Risk free acquisition for Company B: • Accretive even if synergies finally do not work as hoped thanks to the important Tax economy June Company B
  • 79. 2009 2010 2011 2012 2013 2014 The (Non) Offer  Strong first initial interest  Abnormally slow moving  Finally informally proposed to buy Allmyapps with options (BSA) of the company July Company B
  • 80. 2009 2010 2011 2012 2013 2014 The result  (non) offer contradictive to our 1st talks  Not interesting for allmyapps shareholders  Company B was obviously trying to run out the clock  Our answer: NO July Company B
  • 81. 2009 2010 2011 2012 2013 2014 The result  (non) offer contradictive to our 1st talks  Not interesting for allmyapps shareholders  Company B was obviously trying to run out the clock  Our answer: NO July Company B
  • 82. 2009 2010 2011 2012 2013 2014 The context  Allmyapps business partner for 1.5 years  Leading company in the download space  Interested in: – The product – Our catalog of desktop applications August
  • 83. 2009 2010 2011 2012 2013 2014 The offer  370K$ for allmyapps assets  200K$ for pre-identified key employees to help transition adapt our technology to their technical platform  30K$ for our mutual “contact agent” August
  • 84. 2009 2010 2011 2012 2013 2014 The result  370K$ < Allmyapps total debts: – I cannot take the decision to sell alone – Needs approval of “administration judiciaire”  Our answer: – OK but pending administration approval August
  • 85. 2009 2010 2011 2012 2013 2014 Sept September 9th 2014
  • 86. Liquidation procedure opening 2009 2010 2011 2012 2013 2014 Sept September 11th 2014
  • 87. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 1
  • 88. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 1 Company A
  • 89. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 1 Company ACompany A Company B
  • 90. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 1 Company A Company B
  • 91. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 1 80K€ Company A Company B
  • 92. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 1 80K€ 250K€ Company A Company B
  • 93. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 1 80K€ 296K€ (370K$) 250K€ Company A Company B
  • 94. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 2 Company A Company B
  • 95. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 2 80K€ Company A Company B
  • 96. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 2 80K€ 320K€ Company A Company B
  • 97. 2009 2010 2011 2012 2013 2014 Oct Final judgement – Round 2 80K€ 320K€ 361K€ (450K$) Company A Company B
  • 99. “If you’re going through hell, keep going.” Winston Churchill
  • 100. “If you’re going through hell, keep going.” Winston Churchill If you’d like to know more about my next upcoming venture: @thibauld
  • 101. Credits Thanks again to all who contributed to this almost success story
  • 102. Our early business, code and design angels Patrice Jeff Lionel Gab Damien et Claude Maria Brigitte Seb HughesPatrick Leo Andrea
  • 103. Our funny and hardworking (sometimes) interns ;) Adrien, Matthieu, David, Slim Laurence, Reda, Cyprien, Pierre, Vivien, Loukmane Feiyu, Xiaodong
  • 104. Our hardworking team Mikky, Xavier, Patrice, Gawen, Jean-Tristan, Frederic, Arnaud, Maxime, Elodie, Jerome, Thibauld, Alex, Sylvain, David Axel Maxime Seb Patrick Jeremy
  • 105. Our supportive investors and board members Marie PaulineSamantha Rodrigo Nenad
  • 106. My friend and co-founder Arnaud
  • 107. My friend and co-founder Arnaud Hélène And his supportive wife!
  • 108. My beloved wife and partner for life! Paola
  • 109. My beloved wife and partner for life! And finally my entire family for their never ending support Paola