🇪🇺 eu/acc is here to accelerate progress in Europe
through innovation, technology, and a Europe-positive mindset.
Follow us at @euacchq on X

Europe, please wake up.

Europe is known for some of the best research in the world and the best talent. But Europe is not known for the best opportunities.

Freshest news are at @euacchq

To change this we need to create an environment where founders can succeed.

A mindset shift across Europe, including European institutions.

Our goal is to enable Europe’s talent, founders and their teams to prepare the next chapter of European abundance and growth This requieres a bit of sweat, fixing and prep It’ll happen if we, Europeans, make it happen. S p e a k U p

What should be done?

From consumer markets, languages, laws, education systems, taxes, to funding – Europe acts like a network of small countries instead of one unified market.

To be a place where innovation can thrive, we don't need to become more American, we need to become more European. And the Euro is the proof that we can.

Also we need to be much faster an enforcing red-tape cutting laws, as many digitalization initiatives have been slow to see results, like directive 2019/1151 that aimed to digitalized company law, but that notaries (in Germany, Spain, Austria, etc) have watered down and led to near zero digitalization

It's not just about the laws, it's also how fast they are enforced and how administrations, politicians become fast and pro-growth, pro-founders.

It's about mindset shift

The goal of this project is to…

eu/acc – by European founders, for European founders. Follow us at @euacchq on X

Imagine you are rational and nobody has bought your vote. Between notaries and tech founders (for example of Revolut, Spotify, Stripe, etc) According to you, who would be best to create the best digital tech investment user experience in the World, for Europe?

Wake up Europe, the digital age is bypassing you. You have no Google , Amazon, Meta, Apple. You arrogantly called SpaceX a fanciful dream and it wiped out the European Space Agency. You have no Nvidia and your response to AI has been to regulate before you have anything domestic…

Germany and Spain are complete nightmares. Will never invest in startups with those entities anymore. Germany: total bureaucracy, awful legal & notary process. Spain for strange & potentially prohibitive tax laws.

Germany is downright laughable. The notary and apostile requirements. The verbal reading of docs. Waiting on local governments to register shares. It’s all so antiquated.

Like @pmarca , if you believe in founders, in their teams, in the youth of America and Europe Speak up! Let’s build together a bright future 🙌🏻☀️🇺🇸🇪🇺

Good news. We hope it’s well done so it truly makes a European Nasdaq emerge

Germany is the worst. Never investing there again. The notaries have totally ruined that system and the rest is terrible.

Want European Startups to accelerate?
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Simplify investing in European startups and
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In Spain, the most significant pain is Notaries. They could be of high value if they didn’t ask an investor group to be at the same time at the same place for every corporate affair. IT IS NUTS

Y o u L i k e C h a n g e ? N e e d M o r e T H R I L L ? A M P L I F Y U S We’re cooking 🇪🇺 eu/acc Follow us, repost us, let’s change Europe together

Ceterum censeo: There are no "European startups". There are plenty national ones, trying to grow within Europe but face 27+ different markets, rules, regulations, social security, taxation, procurement, and not to mention least: fundings. #EUStartupsSummit #EUSS2024 #EUSSMalta

Not directly about entity, but my current WTF experience: I as a founder need to manage investor KYC for money-laundering compliance. 🇩🇪 notary already required it according to 🇩🇪 law. 🇵🇹 investors need it from shareholders according to 🇵🇹 law. etc. ARGH!!

FAQ

And success for Europe as a continent only works together as a whole. We are calling the movement eu/acc as a lot of the problems need to be solved at the EU level as it's the biggest block.

A standard entity for European startups acts like a platform for further standardization. Investment documents will be one of them. Stock options hopefully come soon after.
This has ripple effects down to every aspect of the startup ecosystem.
Our goal is not a centralized European government as this would be overreaching for this project.

They are lying. That's it.
They are not for European Startups.
They are most likely optimizing for local gains and local political wins.
This is not even good for their own <random region> startups.
European startups cannot succeed if there are several dozen different legal entities. There is no velocity without standardization. Everything else is just political powerplay.

Yea…
FWIW - we agree. It sounds impossible. Imagine politicians agreeing on anything that's not their localized interest. 🤯

There are four reasons why it's worth a try:
- We managed it before and got a centralized currency across Europe.
- There were initiatives like this 10-15 years ago already and they only narrowly failed.
- If we don't, we are at risk of failing a whole generation of European startup founders.
- This is what the European Union was created for: removing friction for its citizens.

Contact

If you want to help, please amplify us on X, @euacchq , tag us in comments to politicians and policymakers, help us increase the visibility of what we do.
Thank you . BV. @benvdv

Imprint

– proudly made in Europe ❤️