Founders and VCs back a pan-European C corp, but an ‘EU Inc’ has a rocky road ahead

Quick Summary:

It’s become a common refrain in political discourse: Europe needs to take radical action to remain competitive.

On the long list of potential reforms, one that’s gaining particular traction is a new, EU-wide corporate status for innovative companies.

Still, there will be many other similar hurdles along the way.“The devil is in the details, and that’s going to be where we’re going to be very, very watchful,” Mignot said.

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Article Details

Author / Journalist: Mike Butcher, Anna Heim

Category: Technology

Markets: United StatesAustriaChinaFranceGermany

Topics: Startups Europe Eu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-27 @ 19:13:24 (21 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1321 words

Reading Time: 8 minutes read

Sentences: 41 lines

Sentence Length: 33 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 23270393

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