BSA Air and cap table: worked example + step-by-step dilution (2026)
How to calculate BSA Air dilution, its impact on your cap table, and the 4 mistakes to avoid: a founder's guide with a worked example.
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We regularly share practical resources for startups
BSA Air: Discount, Cap, Valuation, How to Negotiate in 2026
2026 market benchmarks, negotiation scripts, and deal-breakers: how to negotiate the discount, cap, and valuation of your BSA Air in France.
BSA Air: what happens in the event of liquidation or dissolution
Valuation date expired, dissolution, liquidation: what happens to a BSA Air across 4 adverse scenarios, and when to consult a lawyer.
BSA Air or SAFE: Which Instrument for Your French Startup (2026)
Decision tree, IR-PME tax relief, investor preferences: how to choose between BSA Air and SAFE for your French startup in 2026.
How to Pitch a VC in France: The Complete Guide (2026)
Deck structure, timing, 10 trick questions from French VCs, follow-up: everything a founder needs to know to pitch in 2026.
Learning vibe coding: a tutorial for non-technical founders (2026)
Never touched a code editor and want to try vibe coding? A step-by-step tutorial: the tool, the prompt, your first project in one afternoon.
Naval Ravikant: 5 Early-Stage Founder Lessons (the Francophone Filter, 2026)
A French-speaker's curation of Naval Ravikant's principles useful to an early-stage founder: leverage, specific knowledge, wealth vs status, positive-sum games.
Term Sheet VC France: Market Terms and Clauses to Negotiate (2026)
Liquidation pref, anti-dilution, valuation: 2026 market terms and a deal-breakers vs concessions matrix to negotiate your term sheet in France.
Top VC France 2026: 20 Funds Ranked by Stage and Sector
The complete map of France's VCs for 2026: 20 funds ranked by stage (pre-seed / seed / Series A), sector and ticket size, with how to reach each one.
