Frst compiles a proprietary list of ~3,000 new French companies each year and manually reviews every single one, cold-calling ~500 founders before they've announced anything to find investments, which often shocks founders who didn't know anyone knew they existed yet. The fund explicitly optimizes for 3 mega winners and 25 significant returns rather than 30 companies that all do okay, pushing French founders toward billion-euro outcomes using a systematic hunt for unusual founder trajectories rather than just elite pedigrees.