Hugo Garcia-Cotte, CEO of Cypheme, describes how tracking data gathered by his startup's verification system enabled Chinese law enforcement to dismantle a counterfeit pharmaceutical operation.
“18 criminals were sent to jail thanks to the intel we provided them, and we had no idea.”
quote is from the automated transcript, cleaned for reading:
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More from Hugo Garcia-Cotte
Opinion
Garcia-Cotte: Western brands severely distrust Chinese startups for anti-counterfeiting solutions
“Like, obviously, a Chinese team would have a hard time convincing Western brands that they are trustworthy for anti-counterfeiting. It's sad to say, but it's the reality.”
Hugo Garcia-CotteDec 28, 2020▶ 15:2945% of This Cancer Drug Was Fake — Here's How We Proved It
Opinion
Garcia-Cotte: 99% of business books are poisonous trash by non-practitioners
“99% of business books are trash. Trash, trash, trash. Actually, it's worse if you read them than if you don't read them, because if you read them, you get poisonous thoughts, and not only you wasted your time reading it, that's okay, it's just a few hours, but…”
Hugo Garcia-CotteDec 28, 2020▶ 30:3545% of This Cancer Drug Was Fake — Here's How We Proved It
Opinion
Garcia-Cotte: Anti-counterfeiting competitors lack tech DNA and hire second-rate CTOs
“Cause a lot of competitors, they don't even come from a tech background. They come from a printing background. They come from a hologram background. They have no idea about computer science. So then they hire a second-rate CTO, and they don't coach him well, a…”
Hugo Garcia-CotteDec 28, 2020▶ 14:2045% of This Cancer Drug Was Fake — Here's How We Proved It
Insight
Garcia-Cotte: CEOs cannot delegate hiring until reaching 1,000 employees
“Hiring is not something you can delegate. It's your job as the CEO until you're a thousand employees.”
Hugo Garcia-CotteDec 28, 2020▶ 28:1845% of This Cancer Drug Was Fake — Here's How We Proved It
Opinion
Garcia-Cotte: French public universities are poor compared to Grandes Écoles
“French universities are not good. The good students, they go to elite schools, but these are not schools you pay for. Like, to go there, you have very tough competitions, and most of them are free.”
Hugo Garcia-CotteDec 28, 2020▶ 5:1245% of This Cancer Drug Was Fake — Here's How We Proved It
AssertionContradicted
Garcia-Cotte: Cypheme Raised the Largest French Angel Round at That Time
“Then everybody turned to yes, and then we made the biggest angel round in France at that time.”
Hugo Garcia-CotteDec 28, 2020▶ 24:0745% of This Cancer Drug Was Fake — Here's How We Proved It
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