French VC Frederic Court discusses the European VC scene, competition in Europe, importance of company culture in VC firms, and the potential of companies like CellRx. Startup mentality shifting towards building sustainable businesses, focusing on profitability over fundraising. Emphasis on free cash flow and M&A for startups, rational approach in the current landscape. Evolution and challenges in European VC, U.S. firms entering market, hiring challenges, team culture importance. Investing in a jewelry brand targeting female millennials through online and physical stores, optimistic about future growth.