Romain Cottard

Managing Partner @aderfinance, investor @zenlyapp @PayFit @indy_france @side_hq @wavyfrance @Ouihelp @circlemd @jabmoABM @masteos_

[Romain Cottard @rctrd]

@evernote Please give us an official MCP

[Romain Cottard @rctrd]

@HumansNoContext @grok is the math correct?

[Aaron Harris @harris]

The stigma around founder secondaries is outdated and harmful.

Every time I advise a founder on taking secondary, I hear the same tired arguments against it:

1.    "You don't believe in your company if you sell early"
2.    "You'll get too comfortable and stop working hard"
3.    "It's complicated and distracting"

All three are patronizing nonsense.

Selling secondary should be just another financial transaction, no matter when it happens. Yet there's a near religious belief among many that it's somehow a moral failing.

The reality?

Founders with some financial security can take BIGGER risks, not smaller ones.

This is especially true for those with families or without other assets.

Here's a simple formula: Every time a company raises, allow founders to take up to 10% as secondary. This creates clear standards and acknowledges the reality of today's extended pre-IPO timelines.

The tail shouldn't wag the dog. Building a company is hard enough without pointless financial martyrdom.

What's your take - overdue correction or slippery slope?

[Romain Cottard @rctrd]

@gunsnrosesgirl3 Sleep
Vitamins
Washing hands
No public transport
No kids

[Romain Cottard @rctrd]

@WorldAndScience Wonder where the rest of my money went

[Romain Cottard @rctrd]

@gunsnrosesgirl3 S.C.OUT
Best 2D game ever released
https://t.co/4mk35mk04r

[Romain Cottard @rctrd]

@gunsnrosesgirl3 Boating
Soccer
Yelling matches disguised as political debates

[Romain Cottard @rctrd]

@gunsnrosesgirl3 Eating animals
Growing babies inside humans
Dying
Being sick

[Pierre Entremont @PEntremont]

https://t.co/tZIndhShiY

[Ader Finance @aderfinance]

Ader Finance est fier d'annoncer la Series B de 10 millions d'euros de @iSYBUY auprès de Eiffel Investment Group et @SWENCP

L'opération a été menée par @pascalmercier, @rctrd et Déborah Merran

[Ader Finance @aderfinance]

Ader Finance est fier d’annoncer la Series A de 6 millions d’euros de @zestme_up auprès de Reflexion Capital et @GoCapital_FR

L’opération a été menée par @pascalmercier, @rctrd et @PierreJaisson, en collaboration avec Ivan Michal et @rvgarden

[Romain Cottard @rctrd]

@Sadache GPT is cognizant already 🙃

[Romain Cottard @rctrd]

@jorgebarba @evernotehelps @evernote Same on Mac OS Sonoma 14.1.1 with Evernote 10.67.2 : slow, laggy. What's up with that @evernotehelps ?

[Roxanne Varza @roxannevarza]

Super fundraising insights from @rctrd - including on average you need to speak to 29 VCs before getting a term sheet https://t.co/8q8eZXqefw

[Said A. Haschemi @SaidHaschemi]

Schrödinger's term sheet:

A term sheet from a tier 2 VC that you have and don’t have at the same time until you tell who is leading the round.

[Romain Cottard @rctrd]

@chraynaud clause standard de nos mandats fundraising @aderfinance depuis plus de 10 ans

[sarah mcbride @sararahmcb]

emily in paris but she’s a late stage US consumer VC trying to invest in BeReal

[Roshan Patel @roshanpateI]

I forced a bot to watch over 1,000 hours of startup pitch meetings and then asked it to re-create a startup pitch meeting of its own. Here is the first page.

[Romain Cottard @rctrd]

@chraynaud j'ai 130m2 à louer à coté du WeWork Lafayette mais ca risque d'être un peu juste...

[Romain Cottard @rctrd]

@ndebock C’est quoi ce truc?