"1 Woman, 1 Passion" podcasts - Episode#3: Aude Guo, Co-Founder of InnovaFeed
Valérie Bokobza: Hello everyone. I am Valérie Bokobza, Head of Development at Societe Generale Private Banking and I am delighted to present a new episode of "1 woman, 1 passion". The objective is to share with you the journey of a woman entrepreneur, in other words, to give the floor to an inspiring woman. Today I'm hosting Aude Guo. Hello Aude.
Aude Guo: Hello Valérie.
Valérie Bokobza: You are the co-founder of InnovaFeed, which specializes in insect proteins and has just been listed among the 120 most promising French start-ups(1). You were also appointed, at 34, to the FT120 (French Tech Next 120)Board Impact(2), the mission of which is to advance diversity and gender issues in the technology sector. Aude, what were the accelerators in your career and how did you go from consulting at McKinsey to raising insects and protecting the planet?
Aude Guo: I learned a great deal at McKinsey, where I had the opportunity to work with different sectors, different business models, and very diverse issues, which I think formed a good basis for an entrepreneurial project. And I wanted this project to be more concrete and to put my energy into something that made sense. I met three of my associates who shared the same desire, and very quickly, we became interested in the question of the sustainability of the food system, and more broadly, in climate change. Sustainability is important because our food system is responsible for more than 30% of current carbon emissions. We asked ourselves this question of how we can feed more and more people, with better quality nutrients, while reducing our footprint and preserving the planet. And that's where we got the idea of raising insects, because insects are an extremely rich source of nutrients, and naturally, they consume few resources. And so, using this new source of nutrients would allow us to reduce the impact, our impact and the impact of our food system on the planet.
Valérie Bokobza: You are one of the seven women entrepreneurs of FT120 and the subject of gender equality is very close to your heart. How do you work to advance this cause?
Aude Guo: You have to know that French Tech brings together technology companies that will be carriers of tomorrow's projects, but women are still not very present. There are only 20 to 25% of women in the tech industry today, so it's very low. There are structural issues, of course, because these are the same rates that we find in our schools, in the training courses. But there are also questions around codes, dynamics that remain very masculine and more or less conscious biases that structure tech work environments, and that don't necessarily make women want to be part of them. So the role of the Board Impact, my role in this Board, is to propose concrete actions that help the ecosystem to act better and to better address these issues, and very concretely it is for us to think about how to make our work environments more inclusive, and how to give women meaning, and how to make them feel comfortable and valued in our companies.
Valérie Bokobza: Maybe you could give us some examples of women who inspired you and some advice you would have liked to have been given earlier in your career?
Aude Guo: Of the women who inspire me, it is above all my mother who has been a central figure in my life, with whom after growing up in China - I grew up in Beijing - I discovered, Canada and then France, quite different worlds. And my mother taught me not only to understand new languages but also to decode new cultures, I think, more generally. As a result, I am very inspired by women who have succeeded in cultivating a personal passion from which they have been able to draw, to preserve an energy, a sufficient vital force. And so I like very much the figures of women explorers, a little bit of adventurers, a lot of writers too, who knew how to keep the sense of wonder. I think of Mary Oliver, an American poet, who manages to transmit this wonder. And I would say, more generally, in fact, the women I work with on a daily basis, who have succeeded in making choices that are sometimes a little atypical, but in order to preserve their vital force, the energy they felt for a project. So that's the advice I would give to young women who are starting out: it's also by preserving our energy that we manage to give it to our projects, to create an impact for ourselves and for others.
Valérie Bokobza: Thank you very much for these exchanges, this sincerity. See you soon on Societe Generale Private Banking.
(1) La French Tech is the French movement for start-ups. This ecosystem brings together startups, investors, decision makers and community builders. Its mission is to make France one of the most attractive countries in the world for start-ups that want to launch themselves, conquer international markets and build a meaningful future. The FT120 (French Tech Next 120) ranking of the French Tech is an annual promotion of 120 French start-ups and scale-ups selected to be supported in their development. (Source: https://lafrenchtech.com/fr/)
(2) The Board Impact is a French Tech body whose mission is to establish best practices around diversity and gender. It is composed of 6 members from start-ups and 3 actors from the Tech world. (Sources: La French Tech).
GENERAL WARNING:
Societe Generale Private Banking is the business line of the Societe Generale Group operating through its headquarters within Societe Generale S.A. and through departments, branches or subsidiaries, located in the territories mentioned below, acting under the brand name "Societe Generale Private Banking" and distributing the present document.
This document is an advertisement and has no contractual value. Its content is not intended to provide an investment service, nor does it constitute investment advice or a personalized recommendation on a financial product, nor insurance advice or a personalized recommendation, nor a solicitation of any kind, nor legal, accounting or tax advice from any entity under the responsibility of Société Générale Private Banking.
The information contained herein is provided for information purposes only, is subject to change without notice, and is intended to provide information that may be useful in making a decision. The information on past performance that may be reproduced does not guarantee future performance.
The private bankers of Société Générale Private Banking entities are available to provide potential investors with further information on the variations of the themes presented in this document within the Société Générale Private Banking entity concerned.
This document is confidential, intended exclusively for the person consulting it, and may not be communicated or brought to the attention of third parties, nor may it be reproduced in whole or in part, without the prior written consent of the Société Générale Private Banking entity concerned.
No Société Générale Private Banking entity can be held responsible for any decision made by an investor based solely on the information contained in this document.
Societe Generale Group maintains an effective administrative organization that takes all necessary measures to identify, control and manage conflicts of interest. To this end, Societe Generale Private Banking entities have put in place a conflict of interest management policy to manage and prevent conflicts of interest. For more details, Société Générale Private Banking clients can refer to the Conflict of Interest Policy available on request from their private banker.
S ociété Générale Private Banking has also implemented a policy of d he processing of claimsmade pa available on request from their private banker or on the Société Générale Private Banking website.
SPECIFIC WARNINGS BY JURISDICTION
France: Unless expressly stated otherwise, this document is published and distributed by Société Générale, a French bank authorized and supervised by the Autorité de Contrôle Prudentiel et de Résolution, located at 4, place de Budapest, CS 92459, 75436 Paris Cedex 09, under the prudential supervision of the European Central Bank ("ECB") and registered with the ORIAS as an insurance intermediary under the number 07 022 493 orias.fr Societe Generale is a French société anonyme with a capital of EUR 1 066 714 367,50 as of August 1, 2019, whose registered office is located at 29, boulevard Haussmann, 75009 Paris, and whose unique identification number is 552 120 222 R.C.S. Paris. Further details are available on request or at www.privatebanking.societegenerale.com.
Luxembourg: This document is distributed in Luxembourg by Société Générale Luxembourg, a public limited company registered with the Luxembourg Trade and Companies Register under number B 6061 and a credit institution authorized and regulated by the Commission de Surveillance du Secteur Financier ("CSSF"), under the prudential supervision of the European Central Bank ("ECB"), and whose registered office is located at 11, avenue Emile Reuter - L 2420 Luxembourg Further details are available on request or at www.societegenerale.lu. No investment decision of any kind should be made on the basis of this document alone. Société Générale Luxembourg accepts no responsibility for the accuracy or otherwise of the information contained in this document. Societe Generale Luxembourg accepts no responsibility for any actions taken by the recipient of this document solely on the basis of this document, and Societe Generale Luxembourg does not represent itself as providing any advice, in particular with respect to investment services. The opinions, views and forecasts expressed in this document (including its annexes) reflect the personal opinions of the author(s) and do not reflect the opinions of any other person or of Société Générale Luxembourg, unless otherwise indicated. This document has been prepared by Societe Generale. The CSSF has not carried out any analysis, verification or control on the content of this document.
Monaco: This document is distributed in Monaco by Société Générale Private Banking (Monaco) S.A.M., located at 11 avenue de Grande Bretagne, 98000 Monaco, Principality of Monaco, regulated by the Autorité de Contrôle Prudentiel et de Résolution and the Commission de Contrôle des Activités Financières. Financial products marketed in Monaco may be reserved for qualified investors in accordance with the provisions of Law n° 1.339 of 07/09/2007 and Sovereign Order n° 1. 285 of 10/09/2007. Further details are available on request or at www.privatebanking.societegenerale.com.
Switzerland: This document is distributed in Switzerland by SOCIETE GENERALE Private Banking (Suisse) SA ("SGPBS"), headquartered at rue du Rhône 8, CH-1204 Geneva, Switzerland. SGPBS is a bank authorized by the Swiss Financial Market Supervisory Authority ("FINMA"). Collective investments and structured products may only be offered in accordance with the Swiss Federal Act on Collective Investment Schemes (Collective Investment Schemes Act, CISA) of June 23, 2006, and the Guidelines of the Swiss Bankers Association (SBA) on Information for Investors in Structured Products. Further details are available on request from SGPBS or at www.privatebanking.societegenerale.com.
This document is not distributed by the entities of the Kleinwort Hambros Group that operate under the brand name "Kleinwort Hambros" in the United Kingdom (SG Kleinwort Hambros Bank Limited), Jersey and Guernsey (SG Kleinwort Hambros Bank (CI) Limited) and Gibraltar (SG Kleinwort Hambros Bank (Gibraltar) Limited) Consequently, the information communicated and any offers, activities and financial information presented do not concern these entities and may not be authorized by these entities or adapted in these territories. Further information on the activities of Societe Generale's private banking entities located in the United Kingdom, Channel Islands and Gibraltar, including additional legal and regulatory information, is available at www.kleinworthambros.com.