Startups that should never have walked … but are worth billions today

Entrepreneurs know that success rarely rests on a linear trajectory. Some companies leave with every chance on their side, but fail. Others, on the other hand, are born in uncertainty, on a wobbly model or without solid funding, and end up going beyond all expectations. In France, several startups have challenged the most pessimistic forecasts and have established themselves as essential actors in the economy. How did these startups have managed to overcome initial obstacles and turn into market giants? Back on successes as improbable as inspiring.

Blablacar: a model that seemed to be doomed to failure

When in 2006, Frédéric Mazzella launched Blablacar, few observers believe in his concept. Carpool is based on confidence between unknown, a risky bet at the time when collaborative platforms were still in the infancy. Investors do not rush, and the economic model seems fragile. How to monetize a service where individuals are exchanged directly from money? The platform must overcome a double challenge: to convince users and structure a viable ecosystem. However, thanks to a patient growth strategy and a community of loyal users, Blablacar is gradually essential. By developing reassuring features, by establishing a rating system and establishing strategic partnerships, the company transforms an uncertain idea into resounding success. Today, the company is valued at more than 2 billion euros and operates in more than 20 countries.

Doctolib: a solution underestimated by health professionals

In 2013, Stanislas Niox-Chateau offered an online medical appointment platform. The reception is mixed: doctors are reluctant to digitize their patient management, and the profitability of the project seems uncertain. Many believe that the health sector is not ready to adopt such a digital transformation. Doctolib persists, multiplies partnerships and adapts its offer to the needs of practitioners. The platform invests massively in the support of professionals, by raising them aware of the profits of dematerialization. Gradually, it gains in credibility, in particular thanks to an economic model based on the subscription rather than on a commission on consultations. The deployment accelerates with the health crisis, and the company becomes an essential player in e-health, reaching a valuation of more than 6 billion euros. The massive adoption of the service proves that the bet was worth it.

Veepee: a model of private sales deemed obsolete

When Jacques-Antoine Granjon founded Veepee (formerly Vente-Privée) in 2001, the idea of ​​selling unsold stock online at broken prices intrigue, but also arouses skepticism. The fashion sector is still dominated by traditional circuits, and luxury brands are reluctant to sell off their online collections. Logistics and feedback are colossal challenges that make the project particularly risky.

However, by focusing on a premium customer experience and an exclusive relationship with large houses, Veepee transforms his idea into an empire. The company is betting on event sales, creating an emergency and exclusivity effect that retains its customers. By developing sophisticated logistical capacities and based on powerful marketing, Veepee is gradually imposed itself as a European leader. The company today has a turnover of more than 3 billion euros and continues to innovate by integrating new categories of products.

Mirakl: a B2B marketplace model deemed too ambitious

Creating a solution allowing companies to develop their own marketplace appeared utopian in 2011. Platforms like Amazon dominated the market, and convincing groups to adopt a white marque system was a challenge. How to encourage companies to abandon their traditional models to invest in costly and uncertain technology? However, Mirakl has imposed its model thanks to a technology adapted to the needs of large companies. By developing a turnkey infrastructure, the startup has convinced giants like Carrefour or Leroy Merlin to adopt their solution. Today, the startup, which supports several hundred companies in their digital transformation, is valued at more than 3.5 billion euros and continues to grow at a sustained pace.

Back Market: The resale of reconditioned products, a risky bet

In 2014, selling electronic products reconditioned online seems to be an idea dedicated to failure. Consumer confidence in this market is limited, and the complex logistics chain. There are many objections: uncertain quality, lack of guarantee, reluctance of major brands to encourage a second -hand market. But Thibaud Hug de Larauze and his co -founders decide to structure the offer, by imposing quality standards and a reliable guarantee. By focusing on transparency and reassuring buyers, Back Market democratizes the reconditioned market. The boom in responsible consumption plays in their favor, and Back Market becomes the European leader in the reconditioned, with an estimated valuation of 5.7 billion euros. This success illustrates to what extent an initially negative perception can be transformed by an intelligent execution and a fine understanding of consumers’ expectations.

These unexpected successes recall an essential lesson to entrepreneurs: audacity pays.