I should have known sooner about new rules on data about French startups. In the past, you had to pay on sites like societe.com or Euridile to get filing documents of private companies from the register of companies. This is the past! Now it is possible to access this data for free. And this is great news. So my favorite exercise which consists in building cap. tables of startups, which had become a habit for companies going public, for Swiss companies in certain cantons like Zurich or Basel, or for British companies thanks to Companies House is now possible in France with Pappers.

I obviously tried with some of the current famous private startups. I failed with Dataiku, probably because it moved to the USA, but could build some partial tables for Doctolib, Mirakl, Alan, Ledger and BlaBlaCar. It is far from perfect because you need to read many documents. I had to go through 68 ones for BlaBlaCar. I did not go into the details of stock options, granted or exercised. But I could get the info about the founders and the funding rounds. Here is a summary:

and here are the individual tables. QUite fascinating to see the recent trends in France through 5 examples: