{"id":78964,"date":"2023-02-28T16:54:46","date_gmt":"2023-02-28T15:54:46","guid":{"rendered":"https:\/\/techfizz-bc.com\/?page_id=78964"},"modified":"2024-01-30T16:25:24","modified_gmt":"2024-01-30T15:25:24","slug":"elementor-78964","status":"publish","type":"page","link":"https:\/\/techfizz-bc.com\/en\/elementor-78964\/","title":{"rendered":"O\u00f9 est la rentabilit\u00e9 ?"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"78964\" class=\"elementor elementor-78964\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ab219c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ab219c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a1e7c7a\" data-id=\"a1e7c7a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61839fa elementor-widget elementor-widget-spacer\" data-id=\"61839fa\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db63358 elementor-widget elementor-widget-heading\" data-id=\"db63358\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">O\u00d9 EST LA RENTABILIT\u00c9 ?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7731665 elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"7731665\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9b6ec94\" data-id=\"9b6ec94\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-926f5fb elementor-widget elementor-widget-spacer\" data-id=\"926f5fb\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8a9e95 elementor-widget elementor-widget-image\" data-id=\"f8a9e95\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"548\" height=\"315\" src=\"https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/istockphoto-1406742992-170667a.jpg\" class=\"attachment-2048x2048 size-2048x2048 wp-image-78947\" alt=\"\" srcset=\"https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/istockphoto-1406742992-170667a.jpg 548w, https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/istockphoto-1406742992-170667a-300x172.jpg 300w\" sizes=\"(max-width: 548px) 100vw, 548px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31c152c elementor-widget elementor-widget-spacer\" data-id=\"31c152c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d7dfa4b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d7dfa4b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-e9998a4\" data-id=\"e9998a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-d3c151d\" data-id=\"d3c151d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-50ecec8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"50ecec8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-83f5c9c\" data-id=\"83f5c9c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cb1dd41 elementor-widget elementor-widget-text-editor\" data-id=\"cb1dd41\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Dans un article du 21 f\u00e9vrier 2023, Charlie Perreau dans les Echos citait une \u00e9tude de France Invest qui dit que \u00ab les fonds lev\u00e9s par les acteurs du capital-risque (VC) et du \u00ab growth \u00bb ont \u00e9t\u00e9 multipli\u00e9s par quatre entre 2016 et 2021 (+42 % entre 2020 et 2021) \u00bb (la source est <a href=\"https:\/\/www.lesechos.fr\/start-up\/ecosysteme\/start-up-linquietant-maintien-des-valorisations-1910150\" target=\"_blank\" rel=\"noopener\">ici<\/a>).\u00a0<\/p><p>Il est l\u00e9gitime de se demander o\u00f9 est all\u00e9 tout cet argent\u2026<\/p><p>Il est fort peu probable que les montants des tours de table aient tous \u00e9t\u00e9 multipli\u00e9s par quatre. C\u2019est donc que le nombre de projets financ\u00e9s a \u00e9t\u00e9 multipli\u00e9 par au moins trois, voire plus. Si la cr\u00e9ativit\u00e9 des acteurs de la French Tech n\u2019est sans doute pas en baisse, il serait tout de m\u00eame \u00e9tonnant qu\u2019une telle croissance du nombre de projets se soit traduite par un nombre \u00e9quivalent de r\u00e9ussites spectaculaires. Il y a fort \u00e0 parier que non, on en aurait entendu parler. L\u2019analyse en amont des business mod\u00e8les propos\u00e9s par les cr\u00e9ateurs aux investisseurs doit \u00eatre questionn\u00e9e.<\/p><p>Bien entendu la presse parle beaucoup des lev\u00e9es de fonds spectaculaires, mais pas des descentes aux enfers des start-ups dont la bonne id\u00e9e de d\u00e9part est devenue un gouffre financier pour mettre au point un produit qui n\u2019a pas de clients.\u00a0<\/p><p>D\u2019ailleurs le m\u00eame Charlie Perreau \u00e9crit aujourd\u2019hui 27 f\u00e9vrier, six jours plus tard, un article qui annonce \u00ab Fini l&rsquo;hyper croissance et les licornes, place \u00e0 la rentabilit\u00e9 et aux licenciements. Place aussi aux \u00ab downround \u00bb, ces lev\u00e9es de fonds dont la valorisation est inf\u00e9rieure au tour pr\u00e9c\u00e9dent \u00bb (source <a href=\"https:\/\/www.lesechos.fr\/start-up\/ecosysteme\/start-up-linquietant-maintien-des-valorisations-1910150\" target=\"_blank\" rel=\"noopener\">ici<\/a>). Sans parler des valorisations en chute libre ou des penny stocks de la bourse de Paris qui sont presque toutes d\u2019anciennes gloires des media financiers. Ce qui veut dire que les esp\u00e9rances initiales fond\u00e9es sur de beaux discours, des chiffres inv\u00e9rifiables et de magnifiques courbes ont \u00e9t\u00e9 d\u00e9\u00e7ues.\u00a0<\/p><p>Se poser deux questions : \u00ab o\u00f9 est la valeur ? qui sont les clients ? \u00bb est donc toujours plus d\u2019actualit\u00e9. C\u2019est ce que nous faisons chez Techfizz.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-66c3fd8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"66c3fd8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c9d32c6\" data-id=\"c9d32c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0e6f41f elementor-widget elementor-widget-spacer\" data-id=\"0e6f41f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2540a8 elementor-widget elementor-widget-text-editor\" data-id=\"c2540a8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><u>Par Denis Boehringer\u00a0<\/u><\/b><\/p><p><b><u>Publi\u00e9 le 28\/02\/2023 \/ Mis \u00e0 jour le 28\/02\/2023<\/u><\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e1436a elementor-widget elementor-widget-spacer\" data-id=\"9e1436a\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-970af37 elementor-widget elementor-widget-image\" data-id=\"970af37\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"300\" src=\"https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/01-DENIS_WEB_JF-Mousseau-200x300.jpg\" class=\"attachment-medium size-medium wp-image-78918\" alt=\"\" srcset=\"https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/01-DENIS_WEB_JF-Mousseau-200x300.jpg 200w, https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/01-DENIS_WEB_JF-Mousseau-682x1024.jpg 682w, https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/01-DENIS_WEB_JF-Mousseau-768x1153.jpg 768w, https:\/\/techfizz-bc.com\/wp-content\/uploads\/2023\/02\/01-DENIS_WEB_JF-Mousseau.jpg 894w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b855e17\" data-id=\"b855e17\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ea253e6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ea253e6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4009368\" data-id=\"4009368\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a9aed9 elementor-widget elementor-widget-spacer\" data-id=\"1a9aed9\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>O\u00d9 EST LA RENTABILIT\u00c9 ? Dans un article du 21 f\u00e9vrier 2023, Charlie Perreau dans les Echos citait une \u00e9tude de France Invest qui dit que \u00ab les fonds lev\u00e9s par les acteurs du capital-risque (VC) et du \u00ab growth \u00bb ont \u00e9t\u00e9 multipli\u00e9s par quatre entre 2016 et 2021 (+42 % entre 2020 et [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-78964","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/pages\/78964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/comments?post=78964"}],"version-history":[{"count":9,"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/pages\/78964\/revisions"}],"predecessor-version":[{"id":78987,"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/pages\/78964\/revisions\/78987"}],"wp:attachment":[{"href":"https:\/\/techfizz-bc.com\/en\/wp-json\/wp\/v2\/media?parent=78964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}