European founders and VCs push lawmakers to strengthen proposed EU Inc status

A group of unicorn founders and venture capitalists has signed an open letter urging European lawmakers to ensure the proposed EU-wide corporate status is not weakened. The letter comes as negotiations are ongoing over the creation of 'EU Inc', a unified corporate structure intended to simplify business formation across the European Union. Signatories warn that a diluted version of the proposal would fail to deliver meaningful benefits for startups and investors. The open letter reflects growing concern within Europe's tech and investment community that political compromises could undermine the initiative's original ambitions.