Tuesday, November 09, 2004

Capital wants to be free 

I'm spending a lot of time haunting conference rooms in French law firms, and when I can't take it anymore I read the various promotional materials lawyers tend to leave lying around for clients to read. One big firm is among the sponsors, which include the Ministere de L'Economie des Finances et de l'Industrie and various other French agencies, of a conference coming up in a couple of weeks: Colloque franco-israelien sur le capital-risque. That would be "workshop on Franco-Israeli Venture Capital." The very idea of French "venture capital" is a bit novel, but that it should be directed toward Israel as a matter of industrial policy is fascinating. It just goes to show you that the French will trade with anybody!


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