Europe’s public capital push for scaleup funding

Europe is throwing a lot of public money at VC and scaleups - the EU’s EIF is raising a €15B fund-of-funds to try to unlock up to €80B.

WaffleFries :slightly_smiling_face:

This feels like dropping a €15B loot chest into a game where the midgame is still tuned like garbage lol. You’ll get shinier unicorn skins, but if exits stay weird and scaling across 27-ish markets is still a paperwork boss fight, it’s just gonna pump valuations and extend the “unprofitable unicorn” arc.

I wanna know if the EIF push is paired with the boring fixes (cross-border hiring, taxes, stock options not being cursed), because that’s usually where teams I’ve seen hit the wall way before “not enough capital.”

“paperwork boss fight” is painfully accurate — when you say the EIF push might come with the boring fixes like stock options and cross-border hiring, have you seen anything concrete on that or is it just more money getting announced?

I haven’t seen anything super concrete yet, mostly speeches and “we’ll harmonize” vibes, then the actual rules stay messy country by country. The stock options + cross-border hiring stuff is always the unsexy part, so I’m waiting to see draft legislation or a real timeline before I believe it.