About The Family

Robin wrote a polite overview about how the French startup accelerator The Family failed to make a business with European founders as customers.

From what I gather, The Family was in fact an event company which also had some money to invest - unlike the tons of accelerators out there, they actually managed to raise €15 million on the side, to be able to invest in some of their customers as well.

But that didn’t change the business model and now they had to fire employees and to stop paying office rent. The Family employed 24 people based in 3 countries - maybe a decent size for an event organizer but huge for a 15 mil. investor.

And I don’t know about you guys, but I’d find it a bit odd to take business advice from an investor when his own business is not working out.

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