I am a liberal: failure is an option when you are an entrepreneur. But starting three ou four failed companies does not give you any credentials. Nowhere. Unless you learn from it. Loic has not over the last 10 years.

Facts:

BLL 1997: financed and founded by Antoine Bello and his partner - They HIRED Loic to develop the company. In the process Loic promised stcok options to Jacques Christophe Blouzard ( then CEO of Last minute France) and then screwed him. The company was a web agency. nothing special sold to BBDO for nothing.

Rapidsite: the idea of his wife. Not his. The only company that brought him 15 million USD or so.

Tekora 2001: Failure - Lost 8 million USD of Investors money.

Ublog/ six apart 2004: Failure - Abandoned ship in 2006.

Seemsic: a huge techie BS - No biz model - Nobody would buy it. My friends at Google were once entertained during the last Zeitgeist. They now are past it. They liked Loic. But really disliked his product.

Bottom line: Loic is a great networker, full of energy, charming. But he is not an entrepreneur in that he does not learn from failure, lacks humility and values appearance & schmooze over proper execution. He should rather be a journalist. And he could be good at it.

I’ve been told that muvee just laid off 20 of its own people recently and stopped development of AutoProducer. I don’t think it is in good taste to poke fun at another company when you are not much better yourself.