A New Generation of VC Funds: 2050 & New Wave episode artwork

EPISODE · Feb 25, 2021 · 47 MIN

A New Generation of VC Funds: 2050 & New Wave

from Entrepreneur Talks by STATION F

A new billion-dollar fund "crafting a fertile future". A new-generation VC backed by 15 top entrepreneurs to support the "new wave" of founders.The VC ecosystem is blossoming in France and we interview three investors at the heart of this movement: Marie Ekeland (2050), Pia d'Iribarne (New Wave), and Jean de la Rochebrochard (New Wave and Kima Ventures). If you are familiar with the tech ecosystem in Europe, then you are certainly no stranger to these three names.Marie, a pioneer in the French tech ecosystem, started her career in VC as a partner at Elaia and founded the VC fund Daphni as well as one of the biggest tech communities France Digitale. Her new fund 2050 is also breaking new ground with its new investment model that prioritizes sustainability and future well-being.Pia and Jean, highly experienced investors respectively from Accel/Stride and Kima, have rounded up 15 high-level LPs — including Xavier Niel, Yuri Milner of DST, Peter Fenton from Benchmark, Philippe Laffont from Coatue, and Tony Fadell of Nest and Apple — to launch New Wave, a next-gen fund to back the even more ambitious founders in today's European tech landscape.Topics:[Part 1 with Marie Ekeland] 01:03 — Introduction of 2050, Marie Ekeland’s new fund 02:10 — The structure and incentives of 2050, an evergreen fund 04:47 — Why 2050 gets away from a traditional VC partnership model 05:40 — The power of finance on the economy 06:25 — The kind of companies in which 2050 invests 09:46 — What kind of investments does 2050 make: cheque size, company stage, etc. 10:13 — Thoughts on “growth at all cost”: the example of Netflix 12:35 — On raising $1 billion by 2030 and building sustainable companies 15:03 — 2050’s investments: the story of Withings 19:20 — Marie Ekeland’s evolution as an investor 21:53 — Marie’s thoughts on the current funding situation in France 23:02 — How 2050 stands out from the competitive VC landscape 24:23 — France’s potential to lead in the sustainable transition[Part 2 with Pia d’Iribarne & Jean de la Rochebrochard] 27:08 — The impetus for starting New Wave28:42 — How Jean and Pia met and why they wanted to start a fund together30:45 — The incredible LPs at New Wave33:37 — New Wave’s investment thesis34:30 — The kind of founder profiles that New Wave backs35:53 — The characteristics that Jean looks for in founders38:28 — Investments at New Wave: cheque size, company stage, etc.39:14 — Jean on New Wave and Kima Ventures42:02 — Pia on her experience as a fund founder44:24 — Pia on smart money45:47 — Hopes and expectations for 2021 This episode is supported by Euronext, the leading pan-European stock exchange; hosted by Roxanne Varza; and produced by Cindy Yang. Art is by Gaëtan Lefebvre. Hosted on Acast. See acast.com/privacy for more information.

A new billion-dollar fund "crafting a fertile future". A new-generation VC backed by 15 top entrepreneurs to support the "new wave" of founders.The VC ecosystem is blossoming in France and we interview three investors at the heart of this movement: Marie Ekeland (2050), Pia d'Iribarne (New Wave), and Jean de la Rochebrochard (New Wave and Kima Ventures). If you are familiar with the tech ecosystem in Europe, then you are certainly no stranger to these three names.Marie, a pioneer in the French tech ecosystem, started her career in VC as a partner at Elaia and founded the VC fund Daphni as well as one of the biggest tech communities France Digitale. Her new fund 2050 is also breaking new ground with its new investment model that prioritizes sustainability and future well-being.Pia and Jean, highly experienced investors respectively from Accel/Stride and Kima, have rounded up 15 high-level LPs — including Xavier Niel, Yuri Milner of DST, Peter Fenton from Benchmark, Philippe Laffont from Coatue, and Tony Fadell of Nest and Apple — to launch New Wave, a next-gen fund to back the even more ambitious founders in today's European tech landscape.Topics:[Part 1 with Marie Ekeland] 01:03 — Introduction of 2050, Marie Ekeland’s new fund 02:10 — The structure and incentives of 2050, an evergreen fund 04:47 — Why 2050 gets away from a traditional VC partnership model 05:40 — The power of finance on the economy 06:25 — The kind of companies in which 2050 invests 09:46 — What kind of investments does 2050 make: cheque size, company stage, etc. 10:13 — Thoughts on “growth at all cost”: the example of Netflix 12:35 — On raising $1 billion by 2030 and building sustainable companies 15:03 — 2050’s investments: the story of Withings 19:20 — Marie Ekeland’s evolution as an investor 21:53 — Marie’s thoughts on the current funding situation in France 23:02 — How 2050 stands out from the competitive VC landscape 24:23 — France’s potential to lead in the sustainable transition[Part 2 with Pia d’Iribarne & Jean de la Rochebrochard] 27:08 — The impetus for starting New Wave28:42 — How Jean and Pia met and why they wanted to start a fund together30:45 — The incredible LPs at New Wave33:37 — New Wave’s investment thesis34:30 — The kind of founder profiles that New Wave backs35:53 — The characteristics that Jean looks for in founders38:28 — Investments at New Wave: cheque size, company stage, etc.39:14 — Jean on New Wave and Kima Ventures42:02 — Pia on her experience as a fund founder44:24 — Pia on smart money45:47 — Hopes and expectations for 2021 This episode is supported by Euronext, the leading pan-European stock exchange; hosted by Roxanne Varza; and produced by Cindy Yang. Art is by Gaëtan Lefebvre. Hosted on Acast. See acast.com/privacy for more information.

NOW PLAYING

A New Generation of VC Funds: 2050 & New Wave

0:00 47:16

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

MG Show MG Show The MG Show, hosted by Jeffrey Pedersen and Shannon Townsend, is a leading alternative media platform dedicated to uncovering the truth behind today’s most pressing political issues. Launched in 2019, the show has grown exponentially, offering unfiltered insights, comprehensive research, and real-time analysis. With a commitment to independent journalism and factual integrity, the MG Show empowers its audience with knowledge and encourages active participation in the political discourse. That Hoarder: Overcome Compulsive Hoarding That Hoarder Hoarding disorder is stigmatised and people who hoard feel vast amounts of shame. This podcast began life as an audio diary, an anonymous outlet for somebody with this weird condition. That Hoarder speaks about her experiences living with compulsive hoarding, she interviews therapists, academics, researchers, children of hoarders, professional organisers and influencers, and she shares insight and tips for others with the problem. Listened to by people who hoard as well as those who love them and those who work with them, Overcome Compulsive Hoarding with That Hoarder aims to shatter the stigma, share the truth and speak openly and honestly to improve lives. Flottengeflüster ALD Automotive Österreich | LeasePlan Beim Flottengeflüster powered by ALD Automotive | LeasePlan präsentieren Jörg Janik und Peter Gutenbrunner alle zwei Wochen spannende Informationen rund um das Thema nachhaltige Mobilität. Beide beschäftigen sich schon lange mit der Thematik und bringen umfangreiches Fachwissen mit. Sollten sie aber doch einmal nicht weiter wissen, werden unsere Expert*innen hinzugezogen, die ihnen gerne mit Rat und Tat zur Seite stehen. The Small Business Startup School – Business Notes | Financial Literacy | Retail Psychology – For Professionals & Entrepreneurs The Small Business Startup School Inc. Starting or buying a small business? While personal circumstances may vary, business patterns remain timeless. On The Small Business Startup School, we explore strategies, insights, and practical solutions to help entrepreneurs confidently navigate their journey.Hosted by Ola Williams—a retail entrepreneur, fintech founder, and financial coach with over two decades of experience—this podcast marries financial awareness and retail psychology with optimism to deliver actionable takeaways.Join us to learn, grow, and connect as we uncover the keys to business success.Let’s continue to learn together and be encouraged to keep on connecting!

Frequently Asked Questions

How long is this episode of Entrepreneur Talks by STATION F?

This episode is 47 minutes long.

When was this Entrepreneur Talks by STATION F episode published?

This episode was published on February 25, 2021.

What is this episode about?

A new billion-dollar fund "crafting a fertile future". A new-generation VC backed by 15 top entrepreneurs to support the "new wave" of founders.The VC ecosystem is blossoming in France and we interview three investors at the heart of this movement:...

Can I download this Entrepreneur Talks by STATION F episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!