Fabrice Grinda

Musings of an Entrepreneur

Fantastic fireside chat with Loic Lemeur at LeWeb

I loved this year’s LeWeb. I met many great entrepreneurs and was truly impressed by the organization and the quality of the participants.

Loic Lemeur, LeWeb’s founder, generously invited me to chat about OLX and entrepreneurship. We had a lot of fun!

Comments

  1. December 10th, 2009 | 8:09 pm

    Awsome inspiring – was a pleasure to see it live – great talking to you!

  2. December 10th, 2009 | 9:57 pm

    Thanks! The video can be seen at http://www.fabricegrinda.com/?p=869

  3. Stacie
    December 10th, 2009 | 6:21 pm

    Definitely one of the best interviews I’ve seen you do. Very insightful. I’m sure the crowd loved it.

  4. Fabrice
    December 10th, 2009 | 7:22 pm

    The feedback was generally positive – check out:
    http://search.twitter.com/search?q=fabricegrinda+leweb

  5. December 11th, 2009 | 12:31 am

    Best speech at leweb09 ! AMAZING :-)

  6. December 11th, 2009 | 3:04 am

    that was great indeed – very inspiring!

  7. December 11th, 2009 | 3:05 am

    it also reminded me the great times spent at your play house and crazy things i did avoiding military service. thanks for that :)

  8. December 11th, 2009 | 3:21 am

    I totally agree, probably one of the best year ever. Bravo !

  9. December 11th, 2009 | 2:14 am

    Hi

    Really enjoyed the interview. I would love to interview you for my blog… get in touch!!!

  10. December 11th, 2009 | 9:09 am

    LeWeb gets better every year thanks to the participants… a very inspirational speech ! good to see you

  11. mike
    December 11th, 2009 | 2:23 pm

    wow, 10MM run rate , impressive. Would you say it is because eCPMs have gone up as you focused on higher value areas or just because of the increase in sheer volumes of impressions ?

    Anyhow, excellent interview !!

  12. Fabrice
    December 12th, 2009 | 6:01 am

    Mike:

    Our eCPM is high because people coming to a classified site are looking for something so the CTR is high. Combine that with the high value of the categories – real estate, vehicles, merchandis sale and jobs – which lead to a high CPC and we get a reasonably high eCPM. The high traffic does not hurt either :)

  13. mike
    December 12th, 2009 | 11:08 pm

    yes you mentioned about the high CTR, but previously you mentioned that eCPMs US were great but around the globe were not so good, so I wanted to ask whether globally you were seeing higher ecpms now or has the sheer volume of global impressions just increased your run rate?

  14. Fabrice
    December 13th, 2009 | 8:19 am

    Our eCPMs are still much lower in developing world than in the US. However, I do expect them to converge over time (the next 5-15 years) as GDP / capita increases in those countries, as marketing as a % of GDP increases and as online marketing increases as a % of overall marketing.

  15. December 14th, 2009 | 6:12 pm

    [...] Grinda surprised me. The guy, native from Nice, France, now speaks a perfect English. He founded the auction site [...]

  16. December 28th, 2009 | 12:23 am

    [...] The video is the perfect representation of who Fabrice Grinda is and what his vision is for OLX.com both Internationally and in the United States. As a bonus, Fabrice is a bit bombastic, so he talks cold turkey about what it is like to do business in France, his home, versus in the United States; how simple-minded we indeed are as human creatures, and how much risk and suffering one really must go through to become an overnight success. Enjoy! Via the Fabrice Grinda Blog. [...]

  17. April 5th, 2010 | 11:11 pm

    [...] for 10 minutes about my life as an entrepreneur and my love of entrepreneurship. I had already spoken on this topic in Paris at LeWeb, but it was in English and given to a limited audience so they asked me to give a similar speech, [...]

  18. July 8th, 2010 | 10:59 pm

    thanks for posting this… the video was utterly fascinating. Really great info.

    Thanks and Regards/-
    Jason Webb

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