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EU–INC – A new pan-European legal entity
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Re: EU–INC – A new pan-European legal entity
#92I always heard that the issue with startup investment in Europe was the general lack of capital investors willing to take Hail Mary risks on founders with a wild idea and maybe little experience. The market is far too risk-averse for a grassroots early-stage startup scene. How would this organization address that fundamental psychological block?
This is basically just a meme at this point.
Re: EU–INC – A new pan-European legal entity
#93Glad to finally see 28th getting more traction, I was thinking about it just the other day. Personally, I'd love for EU to introduce more institutions that cut at member state sovereignty in favor of tighter integration. What comes to mind immediately is a 28th regime for employment and personal taxes, so companies don't have to resort to workarounds like employee of record or fake "contractors". It seems that EU late binds making big decisions until all options collapse, current events will probably result in more push for federalization overall.
Re: EU–INC – A new pan-European legal entity
#94Earlier quoted context omitted.
> Well it didn’t work for the Euro What? Yes, it did work for the Euro, countries that are participating are now more equal than they were before, which is the goal. Who knows what will happen in the future, maybe Greece or someone else will truly sink the entire union, but it hasn't happened yet, so lets not confidently claim "it didn't work". > my parents putting up solar panels to offset german fears of nuclear is…
Equal in that hey suffer together? When even the SEK outperforms the EUR in times of distress you know it’s incredibly bad. Is it better that all of Europe sinks, maybe, but I’m happy I’m not losing my job because of pension plans in France or financial neglect in Greece, and I’m sure they would say the same if roles were reversed. And to be clear, it’s not about the people, but how governing is done. The same boat i…
> Equal in that hey suffer together?
Yes, quite literally "hey lets suffer together", this is what we've signed up to, and want. Good for everyone and bad for everyone, we're linked and this helps us focus more on helping each other, rather than just focusing on ourselves.
> The same boat is actually a good metaphor, you tend to want many smaller ones and not one big, risk of losing everything vs something (to a point).
Yeah, that's probably the two mindsets that differ here. EU was created with the goal of "better one big boat than many small", because we've tried the "many small boats" approach for millennials, and somehow we in Europe always end up starting wars against each other. We've had (more or less) continent-wide peace now, for a good while (maybe the longest it's ever been? Not sure), and probably because of the reason that we're more connected now, instead of sitting alone in our tiny boats.
Re: EU–INC – A new pan-European legal entity
#95I always heard that the issue with startup investment in Europe was the general lack of capital investors willing to take Hail Mary risks on founders with a wild idea and maybe little experience. The market is far too risk-averse for a grassroots early-stage startup scene. How would this organization address that fundamental psychological block?
I think a big issue is that Europeans who want to invest in early stage VC do so in the States, because everything is geared towards entrepreneurial success there. Changing the business environment across the EU is necessary but definitely not sufficient to kick start the VC-backed startup scene in the EU.
Re: EU–INC – A new pan-European legal entity
#96I always heard that the issue with startup investment in Europe was the general lack of capital investors willing to take Hail Mary risks on founders with a wild idea and maybe little experience. The market is far too risk-averse for a grassroots early-stage startup scene. How would this organization address that fundamental psychological block?
Not true. I am an LP in a number of Vc funds.
Re: EU–INC – A new pan-European legal entity
#97Can't work legally speaking. There has to be a single sponsoring member state. Just sadly how the EU is designed.
The only way would be to copy it individually so it is the same in each member state which breaks the purpose of it.
Re: EU–INC – A new pan-European legal entity
#98It says "Pan-European" everywhere, but would this include the UK?
It says "Pan-European" everywhere, but would this include Belarus?
Re: EU–INC – A new pan-European legal entity
#99Earlier quoted context omitted.
> I haven't looked too deeply into it, but my understanding is that it's not possible to create an equivalent corporation in Italy (where I reside) nor the rest of Europe. You certainly did not look deep enough. ;) Ask Mr Google about gGmbH in Germany, for example. Honestly, I would be incredibly surprised if every single European country does not already have a non-profit structure. In addition, do not forget that i…
Sure we have non profit companies also in Europe, the question if it's possible to create one to support an Open Source project, and which tax benefits donors can get.
> the question if it's possible to create one to support an Open Source project, and which tax benefits donors can get.
As the old saying goes ... what has that got to do with the price of eggs ?
A non-profit is a non-profit, doesn't matter if you are supporting Open Source or the community homeless.
Same goes for donors. A donation is a donation.
Codeberg e.v. (a.k.a. Forgejo) is one example that comes to mind, but I'm sure there are many others.
Re: EU–INC – A new pan-European legal entity
#100> The ultimate aim is to create a new truly European company structure. We call it EU Inc., with a single and simple set of rules that will apply seamlessly all over our Union. So that business can operate across Member States much more easily. Our entrepreneurs, the innovative companies, will be able to register a company in any Member State within 48 hours – fully online. They will enjoy the same capital regime all…
Energy is expensive because burning fossil fuels is expensive due to taxes. A coal power plant pays around two times more for emissions than for the coal itself. They're trying to solve a problem which they have created themselves in the first place.
That is a dubious claim of the accounting chain for expense of fossil fuels, which also ignores defensive tariffs for energy sources like Chines manufactured solar, wind and batteries. Though maybe it speaks to more beaucratic process around the energy not the core energy costs itself.