eu/acc
@euacchq
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European Acceleration. Pro-Growth. We want to make Europe grow better, stronger and to show leadership. EU HQ.
Joined May 2024
A great entrepreneurial story. To all founders raising seed or who raised seed in the past 🤞🤞🤞 It’s so hard, there should be no red tape slowing the angel money in, there should be a true single capital market. Seed stage startup founders need to have time to focus on
Jeff Bezos on raising Amazon’s seed round: “It was the hardest thing I’ve ever done” “To raise the first $1 million of seed capital for Amazon, I sold 20% of the company at a $5 million valuation. I sold 20% of the company for a million dollars to 22 angel investors, roughly
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Great article by @LionelRALaurent on @Bloomberg Fragmentation is the real pain that scares away investment and revenues. We need a true single market where one can sell and receive investment across Europe from day one
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🚀Episode #3 of The Upside is live! Pancreatic cancer remains one of the hardest, deadliest cancers to treat. But $ACTU’s lead drug has shown meaningful improvements in survival – and could be the start of a true “pipeline in a molecule.” With major regulatory + clinical
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🛰️🛰️🛰️ Yes, with a pro-innovation mindset
Mario Draghi and @EnricoLetta reports call for a single market for space. We need an EU #SpaceAct to establish the right conditions for such a single market - 1 set of rules instead of 27. And we need to design it together. Remarks at #COMPET Council: https://t.co/gK2j0rRwEz
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Can hype make you blind in crypto? BitBoy’s story shows what happens when trust turns toxic. Read the cautionary tale!
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Well done @MistralAI !
This is quite massive Mistral has just released two open-source models including 'Devstral Small 2' which: - Has only 24B parameters (28x smaller than DeepSeek 🤯) - Can run LOCALLY on a laptop - Is competitive with much larger models for coding So basically everything you
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The EU must go way, way beyond simplifying future laws that were about to enter into force. It has to be about cutting legacy outdated slowness, fees etc Abolishing notarization in company law Shortening from weeks to hours to get true access to single market (eg vat id
I welcome the political agreement reached by the EP and Council on the Omnibus I, a step forward in alleviating administrative burden for companies. Further work is necessary to reach our ambitious burden reduction targets. Press release ▶️
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✂️✂️✂️✂️ The good news is pretty much everyone on Earth agrees we have to cut bureaucracy in Europe. @EU_Commission , @EUCouncil , Mario Draghi, founders, investors, Europeans, and beyond. Looks like a no-brainer to cut red tape. Then let’s do it. Next stop: 28th regime red
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Maybe there’s a lesson here for @EU_Commission ? Speed matters
Absolutely brutal… 🇺🇸🇪🇺 The EU Commissioner of Industry: "Last month, I was supposed to go to Brazil to discuss a rare earth mine. 3 days before, we were told that the Americans had already come, put money on the table, and bought all production until 2030."
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Dear Customer, we regret to inform you that delivery of the “AI Data Center” Girder & Panel Building Set you ordered has been delayed. In the meantime, perhaps the aspiring industrial engineer on your gift list would enjoy our classic “Hydro Dynamic Building Set” instead. With
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Germany is saying : "We need a liberation strike from bureaucracy that is holding us back in Europe from growing," said Minister Reiche 🇩🇪 Then, we count on you to abolish mandatory notarization in the upcoming 28th regime and beyond Time to abolish mandatory bureaucracy
„Wir brauchen einen Befreiungsschlag von Bürokratie, die uns in Europa am Wachstum hemmt“, so Ministerin Reiche beim EU-Wettbewerbsfähigkeitsrat. Europa ist mittlerweile das Silicon Valley der Bürokratie - und nicht von technologischer Innovation. Das müssen wir umkehren.
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Btw @ycombinator supports the 28th regime /aka EU inc and if implemented would make YC to accept 🇪🇺 HQs As long as it’s truly digital, notary-free
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Nice
The founder of @n8n_io is an absolute GOAT: > Rejected YC because they wanted him to headquarter the company in the US > Wants to IPO the business in Europe, and ideally in Germany > Had to politely reject one of his (american) investors' suggestion to relocate the company HQ
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Some tax offices in the EU take advantage of small business owners that are not aware of how VAT neutrality functions to maximize tax collection instead of correctly applying taxes. They simply don't issue a VAT number "to safeguard the tax system", and go on to collect VAT twice
Europeans already pay high taxes on everything Is it too much to ask to make it smooth, easy, fast, digital-first and reasonably simple, across Europe to manage VAT? Even to get the VAT ID takes weeks or months and is highly bureaucratic! @EU_Taxud has not shown any interest
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Time for European-scale, World class IPOs One license for stock exchanges to operate across Europe single market Time to make it happen We support 100% moving forward on this
Building a real single market for financial services. We aim to integrate EU financial markets by removing barriers in trading, post-trading, and asset management. Our proposal makes cross-border investing simpler, cheaper, and more beneficial for Europeans.
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The financial market integration package proposed by @EU_Commission Today, is also pushing for easier use and pan-european supervision of Distributed Ledger Technology (DLT), that is blockchain-type tokenization of shares, bonds etc
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We obviously support this proposal and have been here and in our conversations with policymakers, pushing for a pan-european stock exchange license. It is critical for Europe to have some leadership in tech and the capital it needs to scale. The goal is to have more European
ec.europa.eu
Today, the European Commission adopted a comprehensive package of measures designed to remove barriers and unlock the full potential of the EU single market for financial services.
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