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Pierre Entremont
Co-founder & Managing Partner at Frst 💥 I invest at Day One in unique people
Pierre-Edouard Stérin is a prominent entrepreneur and investor, known for his significant contributions to the startup ecosystem in Europe. He is the founder and owner of Otium Capital, a venture capital firm that focuses on long-term investments in startups and small to medium-sized enterprises. His investment approach is characterized by a commitment to philanthropy, as Otium Capital donates 50% of its annual profits to charitable causes.1
Career Highlights::
- SMARTBOX: Stérin founded SMARTBOX in 2003 with an initial investment of just €5,000. Under his leadership, the company grew into a market leader in gift experiences, generating €500 million in revenue by 2022.1
- LaFourchette: He played a pivotal role in the growth of LaFourchette (The Fork), transforming it from 20 to 20,000 bookings per day before selling it to TripAdvisor in 2014.12
- Fonds du Bien Commun: In addition to his entrepreneurial ventures, he co-founded this initiative, which aims to support positive-impact projects through donations and investments.1
Educational Background:: Stérin holds degrees in economics from the University of Paris I: Panthéon-Sorbonne and has furthered his education at emlyon business school.1
Philanthropic Efforts:: Stérin is also known for his philanthropic ambitions, with plans to donate a substantial portion of his wealth—estimated at around $800 million—over the next decade through his foundation, reflecting a commitment to social responsibility.2
Overall, Pierre-Edouard Stérin's career exemplifies a blend of entrepreneurial success and a dedication to impactful investing and philanthropy.