Mar 8, 2019 12:09
5 yrs ago
French term

pénitent

French to English Bus/Financial Real Estate
It's about funding rounds in the real estate technology sector compared to other industries:
"la construction représente 15% du PIB national et nos pénitent lèvent deux fois moins que la fintech"

Discussion

Ben Gaia Mar 8, 2019:
Looks like the sort of error produced by "predictive text".
philgoddard Mar 8, 2019:
Batiste It looks like you may not have read all the previous contributions - we have the context, and we know it's pépites.

It's also an acronym: http://incubateurs.parisandco.com/Archives/Connecteur/En-sav...
but I'm not sure if the article is referring to these, or simply using pépite as a synonym for the English word startup.
Batiste Foisy Mar 8, 2019:
What's the context? Previous sentence? As in English "Pénitent" is the person who confesses his sins or, sometimes, an ascetic monk.
If it is a typo, then "pépite" is likely in the context of French technocratic lingo. A "pépite" is literally a nugget ("pépite de poulet" = "chicken nugget" ; "pépite d'or" = gold nugget ; "pépite de chocolat" = "chocolate chip"), but it is also used in management to name the single small start-ups (nodes?) that form an industrial cluster ("grappe industrielle"). So that might be what they mean: start-ups. In all event this is management lingo that most French speaker wouldn't understand.
Margaret Morrison (asker) Mar 8, 2019:
"Pepites" is indeed used in the same text further up. In a text like this one however (http://francefintech.org/les-tendances-fintech-2019/) start-up is used as well so I'm not sure it's exactly synonymous: I think maybe something like "rising stars" ? Certainly I'm trying to avoid the alimentary connotations of nuggets and little gems...
philgoddard Mar 8, 2019:
http://www.proz.com/kudoz/french-to-english/finance-general/...
But I'm not sure I agree with the answer.
Blue-chip startups?
philgoddard Mar 8, 2019:
Has anyone worked out what it means? The dictionary says nugget or chip, as in chocolate, but that's obviously not the meaning here. Is it a synonym for startup?
http://business.lesechos.fr/entrepreneurs/financer-sa-creati...
Alison MacG Mar 8, 2019:
Agree with Tony that this is a typo There is a clue in a preceding sentence - pépites
The same text can also be found online with pépites instead of pénitent
Tony M Mar 8, 2019:
Typo? I can't help suspecting a typo here... for one thing, the 'nos' tends to anticipate a plural following noun. Depending on the provenance of the document, this could be a dictation / transcription error, or possibly an OCR one.
The only word that springs to mind is 'bénéfices' — though that's quite a stretch for any error mechanism!

Proposed translations

14 hrs
French term (edited): pénitent = pépite
Selected

student-entrepreneurs owned construction start-ups

https://www.pepite-france.fr/a-statut-etudiant-entrepreneur


En revanche, un signal démontre de la maturité du segment. Le volume des levées de fonds témoigne en effet de la volonté de l'écosystème d'aider les meilleures start-up à se développer rapidement puisque les pépites françaises de l'immobilier et de la construction ont levé un total de 204 millions d'euros en 2018, contre 177 millions l'année précédente. Les 62 tours de table enregistrés par Real Estech affichent un ticket moyen de 3,2 millions d'euros, avec une très forte hausse des séries A (+ 220 %). « La croissance des start-up du secteur se poursuit, mais nous sommes encore loin d'autres, comme la foodtech, note Robin Rivaton. Pourtant, la construction représente 15 % du PIB national et nos PéPITES lèvent deux fois moins que celles de la fintech… »

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Note added at 1 day 3 hrs (2019-03-09 16:06:44 GMT)
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Source of the text above: https://business.lesechos.fr/entrepreneurs/financer-sa-creat...
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3 KudoZ points awarded for this answer. Comment: "Tx - went for "entrepreneurs" in the end as too long but useful for glossing if need be. "
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