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Thibaud Elzière
Thibaud Elzière (born September 13, 1979 in Aix-en-Provence, Bouches-du-Rhône, in France), is a French entrepreneur and founder of several startups. In 2004, he co-founded the stock photography company Fotolia, which was sold to Adobe in 2014 for 800 million euros. In 2011, he co-founded eFounders, a startup studio that became Hexa in 2022, which he still manages today. He has launched several other companies, including Gama Space, a solar sail project, Iconic House, which rents out prestige real estate, and Kate, a microcar manufacturer. He has been at the helm of Folk, an xRM project created within Hexa, since 2019. Also an angel investor, he has personally invested in around a hundred startups since 2009, including Algolia, Notion and Hugging Face. Since 2020, Thibaud Elzière has been included in '' Challenges'' magazine's ranking of France's 500 richest people. Biography Early career with Fotolia Thibaud Elzière founded Fotolia in 2004, during his studies at the Écol ...
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Aix-en-Provence
Aix-en-Provence, or simply Aix, is a List of communes in France with over 20,000 inhabitants, city and Communes of France, commune in southern France, about north of Marseille. A former capital of Provence, it is the Subprefectures in France, subprefecture of the arrondissement of Aix-en-Provence, in the department of Bouches-du-Rhône, in the region of Provence-Alpes-Côte d'Azur. The population of Aix-en-Provence is approximately 145,000. Its inhabitants are called ''Aixois'' or, less commonly, ''Aquisextains''. History Aix (''Aquae Sextiae'') was founded in 123 BC by the Roman consul Gaius Sextius Calvinus, Sextius Calvinus, who gave his name to its springs, following the destruction of the nearby Gauls, Gallic oppidum at Entremont (oppidum), Entremont. In 102 BC its vicinity was the scene of the Battle of Aquae Sextiae, where the Romans under Gaius Marius defeated the Ambrones and Teutones, with mass suicides among the captured women, which passed into Roman legends of ...
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Online Marketplace
An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process. In an online marketplace, consumer transactions are processed by the marketplace operator and then delivered and fulfilled by the participating retailers or wholesalers. These types of websites allow users to register and sell single items to many items for a "post-selling" fee. Because marketplaces aggregate products from a wide array of providers, the selection is wider, and availability is higher than in vendor-specific online retail stores. Some online marketplaces have a wide variety of general interest products that cater to almost all the needs of the consumers, others are consumer specific and cater to a particular segment. Online marketplaces became abundant in 2014. B2B online marketplac ...
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Propulsion
Propulsion is the generation of force by any combination of pushing or pulling to modify the translational motion of an object, which is typically a rigid body (or an articulated rigid body) but may also concern a fluid. The term is derived from two Latin words: ''wikt:pro, pro'', meaning'' before'' or ''forward''; and ''wikt:pellere, pellere'', meaning ''to drive''. A propulsion system consists of a source of mechanical power, and a ''propulsor'' (means of converting this power into propulsive force). Plucking a guitar string to induce a vibration, vibratory translation is technically a form of propulsion of the guitar string; this is not commonly depicted in this vocabulary, even though human muscles are considered to propel the fingertips. The motion of an object moving through a gravitational field is affected by the field, and within some frames of reference physicists speak of the gravitational field generating a force upon the object, but for general relativity, deep the ...
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Space Law
Space law is the body of law governing space-related activities, encompassing both international and domestic agreements, rules, and principles. Parameters of space law include space exploration, liability for damage, weapons use, rescue efforts, Environmentalism, environmental preservation, information sharing, new technologies, and ethics. Other fields of law, such as administrative law, intellectual property law, arms control, arms control law, insurance law, environmental law, criminal law, and commercial law, are also integrated within space law. The origins of space law date back to 1919, with international law recognizing each country's sovereignty over the airspace directly above their territory, later reinforced at the Chicago Convention on International Civil Aviation, Chicago Convention in 1944. The onset of domestic space programs during the Cold War propelled the official creation of international space policy (i.e., the International Geophysical Year) initiated by t ...
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Elevator Pitch
An elevator pitch, elevator speech, lift speech, or elevator statement is a short description of an idea, product, or company that explains the concept in a way such that any listener can understand it in a short period of time. This description typically explains who the thing is for, what it does, why it is needed, and how it will get done. When explaining an individual person, the description generally explains one's skills and goals, and why they would be a productive and beneficial person to have on a team or within a company or project. An elevator pitch does not have to include all of these components, but it usually does at least explain what the idea, product, company, or person is and their value. Unlike a sales pitch, an elevator pitch can be used in a variety of ways, and may not have a clear buyer-seller relationship. The goal is simply to convey the overall concept or topic being pitched in a concise and exciting way. The name—elevator pitch—reflects the idea th ...
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Revenue Stream
A revenue stream is a source (or category of sources) of revenue of a company, other organization, or regional or national economy. In business, a revenue stream is generally made up of either recurring revenue, transaction-based revenue, project revenue, or service revenue. In government, the term revenue stream often refers to different types of taxes. Recurring revenue Recurring revenue is revenue that is likely to continue to be generated regularly for a significant period of time. It is typically used by companies that sell subscriptions or services. It could take the form of bills paid monthly by consumers, or commercial contracts lasting several years. An example of this is monthly phone contracts. Unless the contract is broken or the customer does not pay, the phone business is guaranteed monthly revenue for the duration of the contract, often 2 years. Recurring revenue is often tracked on either a monthly basis, as monthly recurring revenue (MRR), or an annual basi ...
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Unicorn (finance)
In business, a unicorn is a startup company Valuation (finance), valued at over US$1 billion which is privately owned and not listed on a share market. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the unicorn, mythical animal to represent the statistical rarity of such successful ventures. Many unicorns saw their valuations fall in 2022 as a result of an economic slowdown caused by the COVID-19 pandemic, an increase in interest rates causing the cost of borrowing to grow, increased market volatility (finance), volatility, stricter regulatory scrutiny and underperformance. CB Insights identified 1,248 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn" and "hectocorn" have been used. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learn ...
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Health System
A health system, health care system or healthcare system is an organization of people, institutions, and resources that delivers health care services to meet the health needs of target populations. There is a wide variety of health systems around the world, with as many histories and organizational structures as there are countries. Implicitly, countries must design and develop health systems in accordance with their needs and resources, although common elements in virtually all health systems are Primary health care, primary healthcare and public health measures. In certain countries, the orchestration of health system planning is decentralized, with various stakeholders in the market assuming responsibilities. In contrast, in other regions, a collaborative endeavor exists among governmental entities, labor unions, philanthropic organizations, religious institutions, or other organized bodies, aimed at the meticulous provision of healthcare services tailored to the specific need ...
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Artificial Intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of research in computer science that develops and studies methods and software that enable machines to machine perception, perceive their environment and use machine learning, learning and intelligence to take actions that maximize their chances of achieving defined goals. High-profile applications of AI include advanced web search engines (e.g., Google Search); recommendation systems (used by YouTube, Amazon (company), Amazon, and Netflix); virtual assistants (e.g., Google Assistant, Siri, and Amazon Alexa, Alexa); autonomous vehicles (e.g., Waymo); Generative artificial intelligence, generative and Computational creativity, creative tools (e.g., ChatGPT and AI art); and Superintelligence, superhuman play and analysis in strategy games (e.g., ...
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Web3
Web3 (also known as Web 3.0) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics. This is distinct from Tim Berners-Lee's concept of the Semantic Web. Some technologists and journalists have contrasted it with Web 2.0, in which they say user-generated content is controlled by a small group of companies referred to as Big Tech. The term "web3" was coined in 2014 by Ethereum co-founder Gavin Wood, and the idea gained interest in 2021 from cryptocurrency enthusiasts, large technology companies, and venture capital firms. The concepts of web3 were first represented in 2013. Critics have expressed concerns over the centralization of wealth to a small group of investors and individuals, or a loss of privacy due to more expansive data collection. Billionaires like Elon Musk and Jack Dorsey have argued that web3 only serves as a buzzword or marketing term. Background Web ...
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Software As A Service
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike other software delivery models, it separates "the possession and ownership of software from its use". SaaS use began around 2000, and by 2023 was the main form of software application deployment. Unlike most self-hosted software products, only one version of the software exists and only one operating system and configuration is supported. SaaS products typically run on rented infrastructure as a service (IaaS) or platform as a service (PaaS) systems including hardware and sometimes operating systems and middleware, to accommodate rapid increases in usage while providing instant and continuous availability to customers. SaaS customers have the abstraction of limitless computing resources, while economy of scale drives down the cost. Sa ...
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