Analysis

June 10, 2024

French founders’ favourite business angel? Unemployment benefits

France is renowned for its generous unemployment benefits. It turns out they are funding a large number of startups


An AI-generated illustration of an angel investor.

In the past few weeks, the French government has been in talks to cut down the country’s famously generous unemployment benefits — and it’s causing a stir among an unexpected community: entrepreneurs.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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