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EFounders
Hexa, named eFounders until 2022, is a startup studio created in 2011 in Brussels and Paris, by Thibaud Elzière and Quentin Nickmans. The concept of the company, which initially specialized in software as a service (SaaS), is to start startups by partnering with founders and providing them, at project launch, with the idea, seed money and strategic advice. Hexa's business model is based on identifying and solving specific problems encountered by the studio's founders or startups, from which it launches each new project with an average investment of 800,000 euros. The studio then recruits two co-founders, a CEO and a CTO, and sets up a team dedicated to initial product development. The studio raises its first funds in 2015 and 2016, of five million euros each. In 2018, eFounders reaches a significant milestone with six of its startups raising a total of 100 million euros and proceeds with the sale of its first company, TextMaster. In 2022, eFounders launches a new studio, 3fo ...
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Thibaud Elzière
Thibaud Elzière (born September 13, 1979 in Aix-en-Provence, Bouches-du-Rhône, in France), is a French entrepreneur and founder of several startups. In 2004, he co-founded the stock photography company Fotolia, which was sold to Adobe in 2014 for 800 million euros. In 2011, he co-founded eFounders, a startup studio that became Hexa in 2022, which he still manages today. He has launched several other companies, including Gama Space, a solar sail project, Iconic House, which rents out prestige real estate, and Kate, a microcar manufacturer. He has been at the helm of Folk, an xRM project created within Hexa, since 2019. Also an angel investor, he has personally invested in around a hundred startups since 2009, including Algolia, Notion and Hugging Face. Since 2020, Thibaud Elzière has been included in '' Challenges'' magazine's ranking of France's 500 richest people. Biography Early career with Fotolia Thibaud Elzière founded Fotolia in 2004, during his studies at the Écol ...
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Accel (company)
Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, and India. History In 1983, Accel was founded by Arthur Patterson and Jim Swartz. The co-founders developed the firm's "prepared mind" investment philosophy based on the Louis Pasteur quote "chance favors the prepared mind", which they say requires "deep focus" and a disciplined and informed approach to investing. In 2005, Accel Partners under the leadership of Jim Breyer, invested $12.7 million in Facebook, valuing the company at $98 million. This investment became one of the most lucrative in venture capital history with Accel’s stake increasing to $8 billion by 2012. Investments and fundraises In January 2025, Accel raised $650 million early stage fund for startups in India and South East Asia Accel focuses ...
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Unicorn (finance)
In business, a unicorn is a startup company Valuation (finance), valued at over US$1 billion which is privately owned and not listed on a share market. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the unicorn, mythical animal to represent the statistical rarity of such successful ventures. Many unicorns saw their valuations fall in 2022 as a result of an economic slowdown caused by the COVID-19 pandemic, an increase in interest rates causing the cost of borrowing to grow, increased market volatility (finance), volatility, stricter regulatory scrutiny and underperformance. CB Insights identified 1,248 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn" and "hectocorn" have been used. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learn ...
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Fotolia
Adobe Inc. ( ), formerly Adobe Systems Incorporated, is an American computer software company based in San Jose, California. It offers a wide range of programs from web design tools, photo manipulation and vector creation, through to video/audio editing, mobile app development, print layout and animation software. It has historically specialized in software for the creation and publication of a wide range of content, including graphics, photography, illustration, animation, multimedia/video, motion pictures, and print. Its flagship products include Adobe Photoshop image editing software; Adobe Illustrator vector-based illustration software; Adobe Acrobat Reader and the Portable Document Format (PDF); and a host of tools primarily for audio-visual content creation, editing and publishing. Adobe offered a bundled solution of its products named Adobe Creative Suite, which evolved into a subscription-based offering named Adobe Creative Cloud. The company also expanded into digital m ...
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Medical Director
A medical director is a physician who provides guidance and leadership on the use of medicine in a healthcare organization. These include the emergency medical services, hospital departments, blood banks, clinical teaching services, and others. A medical director devises the protocols and guidelines for the clinical staff and evaluates them while they are in use. Emergency medical services The role of a medical director in the emergency medical services (EMS) varies by which type of system is in use. Franco-German model The first model, arguably the oldest, is generally described as the Franco-German model. This model is physician-led, and those personnel who serve emergencies from ambulances are often place in minor, supporting roles. There is ample evidence indicating that at the turn of the 20th century, many North American hospital-based ambulances in larger centres were staffed by ambulance surgeons; physicians who responded in the ambulance and provided care in a manner ...
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Health System
A health system, health care system or healthcare system is an organization of people, institutions, and resources that delivers health care services to meet the health needs of target populations. There is a wide variety of health systems around the world, with as many histories and organizational structures as there are countries. Implicitly, countries must design and develop health systems in accordance with their needs and resources, although common elements in virtually all health systems are Primary health care, primary healthcare and public health measures. In certain countries, the orchestration of health system planning is decentralized, with various stakeholders in the market assuming responsibilities. In contrast, in other regions, a collaborative endeavor exists among governmental entities, labor unions, philanthropic organizations, religious institutions, or other organized bodies, aimed at the meticulous provision of healthcare services tailored to the specific need ...
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Artificial Intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of research in computer science that develops and studies methods and software that enable machines to machine perception, perceive their environment and use machine learning, learning and intelligence to take actions that maximize their chances of achieving defined goals. High-profile applications of AI include advanced web search engines (e.g., Google Search); recommendation systems (used by YouTube, Amazon (company), Amazon, and Netflix); virtual assistants (e.g., Google Assistant, Siri, and Amazon Alexa, Alexa); autonomous vehicles (e.g., Waymo); Generative artificial intelligence, generative and Computational creativity, creative tools (e.g., ChatGPT and AI art); and Superintelligence, superhuman play and analysis in strategy games (e.g., ...
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Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ...
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Growth Capital
Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority interest, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business. Companies that seek growth capital are often small, rapidly growing, and their assets are often intangible. They will often do so to finance a transformational event in their lifecycle. These companies are likely to be more mature than venture capital funded companies, able to generate revenue and profit but unable to generate sufficient cash to fund major expansions, acquisitions or other investments. Because of this lack of scale, these companies generally can find few alternative conduits to secure capital for growth, so access to growth equity can be critical to pursue necessary facility expansion, sales and marketing initiatives, equipment purchases, ...
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Scaleup Company
A scaleup company or just scaleup is a company that already has a profitable and scalable business model and grows above 20% in either turnover or number of employees over a three-year period. A scaleup can be identified as being in the "growth phase" life-cycle in the Millers and Friesen life cycle theorem, or the "Direction phase" in the Greiner growth curve. Concept A key difference between a startup and a scaleup is the main challenges faced. While a startup's main challenge is to find a repeatable scalable business model, a scaleup's main challenge is growth of the already identified business model while maintaining operational controls. It is reported that one out of ten venture capital-funded startups successfully transitions to this stage. A 2018 study showed that only 0.4 percent of all startups scale, reaching more than 10 million revenues within 5 years. The remainder stabilizes or grows at a much lower rate. A scaleup, once successful, obtains the unicorn st ...
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Software As A Service
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike other software delivery models, it separates "the possession and ownership of software from its use". SaaS use began around 2000, and by 2023 was the main form of software application deployment. Unlike most self-hosted software products, only one version of the software exists and only one operating system and configuration is supported. SaaS products typically run on rented infrastructure as a service (IaaS) or platform as a service (PaaS) systems including hardware and sometimes operating systems and middleware, to accommodate rapid increases in usage while providing instant and continuous availability to customers. SaaS customers have the abstraction of limitless computing resources, while economy of scale drives down the cost. Sa ...
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