So happy you have the firepower to deliver better education, @amaankahmad!

Okay:

- Attached bottlecap
- Schengen, expanded to Croatia, Romania and Bulgaria
- The euro joined by Croatia and Bulgaria
- Air passenger rights (older, 2004, newly updated 2025)
- Galileo satellite navigation
- EU-Canada trade deal (CETA)
- EU-Mercosur trade deal
- EU-Japan trade deal
- EU-Singapore trade deal
- EU-Vietnam trade deal
- EU-Indonesia trade deal
- End of roaming charges, extended to 2032
- Price cap on calls and texts to other EU countries
- USB-C common charger
- Geo-blocking ban for online shopping
- Streaming subscriptions that work abroad
- Payment Services Directive (PSD2), no card surcharges and open banking
- Instant payments regulation
- EU Digital Identity Wallet
- eCall automatic crash alert in new cars
- Automatic emergency braking in new cars
- EU-Alert emergency warnings on phones
- Single Digital Gateway for cross-border admin
- No more apostille stamps between member states
- WiFi4EU free public wifi
- DiscoverEU free Interrail passes for 18-year-olds
- Erasmus+ (older, 2014), budget nearly doubled
- European Universities alliances
- European Solidarity Corps
- EU Digital COVID Certificate
- Joint COVID vaccine procurement
- Health Emergency Preparedness and Response Authority (HERA)
- EU4Health
- Europe's Beating Cancer Plan
- European Health Data Space
- NextGenerationEU joint borrowing
- SURE short-time work loans
- 15% global minimum corporate tax
- European Market Infrastructure Regulation (EMIR 3), euro clearing back in the EU
- Anti-Money Laundering Authority (AMLA)
- European Green Bond Standard
- Permanent Structured Cooperation (PESCO) on defence
- European Defence Fund
- European Peace Facility arms for Ukraine
- EU military training mission for Ukrainian troops
- Act in Support of Ammunition Production (ASAP)
- Strategic Compass and the 5,000-strong rapid deployment capacity
- European Defence Industrial Strategy
- Security Action for Europe (SAFE), €150bn joint defence loans
- ReArm Europe / Readiness 2030
- First ever Commissioner for Defence and Space
- Military mobility funding
- IRIS² sovereign satellite constellation
- EU Space Programme and the EU Agency for the Space Programme
- rescEU shared firefighting fleet
- 5G security toolbox
- Foreign investment screening
- Foreign Subsidies Regulation
- International Procurement Instrument
- Anti-Coercion Instrument
- Dual-use export control regulation
- Temporary protection for Ukrainian refugees
- Candidate status and accession talks for Ukraine and Moldova
- Ukraine Facility
- €90bn joint-borrowing loan to Ukraine
- Sanctions on Russia (older, 2014), big packages from 2022
- Russian banks cut from SWIFT
- Russian oil embargo and oil price cap
- Russian gas import phase-out
- Western Balkans Growth Plan
- Global Gateway
- REPowerEU
- Gas storage regulation
- Joint gas buying through AggregateEU
- Coordinated gas demand cut
- Windfall levy on fossil energy profits
- Electricity market reform
- European Climate Law, net zero by 2050
- Carbon Border Adjustment Mechanism (CBAM)
- Emissions Trading System reform and the Social Climate Fund
- Renewable Energy Directive, 42.5% by 2030
- European Wind Power Package
- European Hydrogen Bank
- Methane regulation
- Nature Restoration Law
- Ambient air quality directive
- Drinking water directive
- Urban wastewater directive, polluter pays
- Critical Raw Materials Act (CRMA)
- Conflict minerals regulation
- European Chips Act
- Net-Zero Industry Act
- Batteries Regulation with battery passport
- European Battery Alliance
- Important Projects of Common European Interest (IPCEI) on batteries and hydrogen
- EuroHPC supercomputers, including JUPITER
- InvestAI and the AI gigafactories
- Horizon Europe and the European Innovation Council
- Ecodesign regulation, no destroying unsold clothes
- Right to repair
- Ban on products made with forced labour
- Ban on vague greenwashing claims
- General Product Safety Regulation
- Common Agricultural Policy (older, 1962), current version 2023 to 2027
- Unfair trading practices directive protecting farmers
- Geographical indications reform for food, wine and spirits
- EU-China agreement protecting European regional products
- Geographical indications for crafts, like Murano glass and Delft Blue
- Creative Europe (older, 2014), current programme 2021
- Culture Moves Europe grants for artists
- Music Moves Europe
- European Year of Cultural Heritage
- European Capitals of Culture (older, 1985)
- New European Bauhaus
- European Collaborative Cloud for Cultural Heritage
- Ban on importing looted cultural goods
- 30% European content on streaming platforms
- Culture Compass for Europe
- European Media Freedom Act
- Anti-SLAPP directive protecting journalists
- European Public Prosecutor's Office (EPPO)
- Rule of law conditionality on EU funds
- Annual Rule of Law Report
- Article 7 against Hungary
- Whistleblower protection directive
- European Labour Authority
- Work-life balance directive, paternity leave
- Adequate minimum wages directive
- Pay transparency directive
- Women on boards directive
- Violence against women directive
- European Child Guarantee
- European Accessibility Act
- European Disability Card
- Rail passenger rights (older, 2007), recast 2021
- Trans-European Transport Network (older), revised 2024
- Single Market Emergency Instrument
- EU Inc (proposed)
- Digital euro (in negotiation)
- Next EU budget at close to €2 trillion (proposed)
- European Competitiveness Fund (proposed)
- AgoraEU culture and media programme (proposed)
- Savings and Investments Union (proposed)
- European supervision of big stock exchanges and crypto firms (proposed)
- Scaleup Europe Fund (launching)
- Startup and Scaleup Strategy
- Digital Omnibus simplification (proposed)
- European Business Wallet (proposed)
- European Innovation Act (expected)
- Quantum Act (expected)
- Cloud and AI Development Act (expected)
- Chips Act 2.0 (expected)
- Biotech Act (proposed)
- Advanced Materials Act (expected)
- Industrial Accelerator Act (expected)
- Circular Economy Act (expected)
- Critical Medicines Act (proposed)
- EU Space Act (proposed)
- European Grids Package (proposed)
- 2040 climate target of 90% (in negotiation)
- European Defence Industry Programme (EDIP)
- Defence Readiness Omnibus (proposed)
- Military mobility package (proposed)
- European Drone Defence Initiative and Eastern Flank Watch
- High-speed rail linking European capitals (plan)
- Single cross-border train ticketing (expected)
- EU Customs Authority (in negotiation)
- European Affordable Housing Plan
- Union of Skills and cross-border recognition of qualifications
- EU-India trade deal (in negotiation)
- Montenegro and Albania accession
- Qualified majority voting in foreign policy (under discussion)

Every German liquor or spirits entrepreneur, get on this (so I can buy it) please.

Wanna fulfill a fun fund function?

@sarahdrinkwater is great, Common Magic is special, see more within.

Proud tiny investor.

World model? How about world modulator.
@danielfogg and @genmon are cooking.
Apparently… coffee?

I just searched X for Daytona because Ivan said he’ll post. Here it is. Thanks for watching.

LFG @ivanburazin and team!!

It's even worse than this: Expectations grow non-linearly.
A monster raise means shortcutting a round. That means you need to achieve a lot more, AND you need to be right more, while you are cutting experimentation time.
And no, more money doesn't mean more experiments. It just means more expensive experiments.

I would like to move to a bigger house, but I also love my 12 minute commute. Maybe losing my arm for a few weeks bc of the shoulder op will tell me more about happiness.

I have a shoulder operation in a few weeks, 4+ weeks with a brace afterwards.
What are the tricks to not go mad/be in pain/etc?

Most people believe confidence comes from being really good at what they do or never messing up. But unshakable confidence comes from knowing your worth isn’t tied to performance.

It’s the difference between “I’m valuable because I’m useful” and

Hear me out: flying Cybertruck.

This is a complicated way to justify a Spacex - Tesla merger imho.

The real VC innovation wouldn't be early stage funds giving up their pro rata, it would be big firms honoring the founder's wishes in how they want to allocate their rounds.

So many amazing small funds across Europe.
This really is a next generation in ambition, sophistication, and relevance.

Phew.

Update, there will be signs.

I was looking forward to this product, but the only take away I had from this ad was:
Cool, other families' mornings are just as chaotic as ours.

Rookie numbers.

> Brand-name firms are manipulating founders

most founders (for better or worse) are inclined to work with "brand-name" firms (mostly very large AUM institutions i.e. AUM seems to correlate with "brand" strength), so imo a totally ignored but contributing factor to small firms being asked to waive pro rata for the benefit of a larger firm is the (*possibly deliberate*) brand denigration of small and first-check firms (who put a lot of companies in business on day 0)

i've been on the receiving end of this as well, and I've seen A LOT of fundraising announcements where a friendly peer VC put the first check into a company (albeit a small check from an emerging manager fund), tangibly helped the founders tremendously in putting their round together, and then gets no mention in their eventual fundraising announcement (esp if a "brand name" firm is involved, and the first-check firm is emerging). the story we like to tell ourselves is "those who should know, know" (which is not wrong, but also cope), but there is no denying that to a small, emerging firm these kinds of branding points would be tremendously valuable.

if we assume that "brand" palpably matters in how founders decide to award allocations in rounds (which I believe it does, just from observed behavior), recognizing first investors should become more normalized (imo no reason that brand should be tethered to AUM or check size, and not to successful asymmetric bets)

John von Neumann rejoices:
anthropic.com/research/self-…
Now, berserkers or seeders?