Although start-ups represent a major phemen in the USA, they also create skepticism and even suspicion, perhaps because of the excesses of the Internet bubble. Apple, Microsoft, Intel, Cisco, Yahoo and Google were all start-ups and these success stories show that the phemen is t mere speculation. The goal of this book is to show start-ups from a different angle. Start-ups are created by individuals who are passionate and who have dreams. Therefore this work should t only be read by specialists of invation or by high tech entrepreneurs, but also by anyone interested in the history and ecomics of start-ups. The book is presented in two parts: it begins with a presentation of Silicon Valley start-ups, which ends with a description of the ecosystem of this region. The second part is dedicated to Europe, where the start-up phemen has failed in comparison. The main message is that it is absolutely necessary to take more inspiration from Silicon Valley.
Herve Lebret has spent all his professional life in high tech. After a few years in academic research, he became a venture capitalist in 1997 with Index Ventures. Since 2005, he has managed an innovation fund to support high-tech entrepreneurs and start-ups at Ecole Polytechnique Federale de Lausanne (Switzerland). He holds a PhD in Electrical Engineering and is a graduate of Ecole Polytechnique (France) and Stanford University (USA).