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In this episode, I speak with Robin Wauters, European tech ecosystem builder at EU-Inc, about a topic that goes far beyond startups and venture capital headlines: the structural fragmentation of Europe’s innovation landscape — and the ambitious idea behind EU Inc. Unlike many Finscale conversations focused on a single company or founder journey, this episode zooms out. It explores whether Europe needs a new legal and financial framework to truly compete on a global scale — and what is structurally holding it back today. We discussed: The origin of the EU Inc initiative: a proposal to create a single, pan-European corporate structure that would allow startups to incorporate once and operate seamlessly across all EU member states, instead of navigating 27 different legal systems. The concrete friction points founders face today in Europe — from incorporation and employee stock options to cross-border investment complexity — and how these barriers slow down scaling compared to the US. The political and regulatory challenges of building such a framework, including the tension between national sovereignty and the need for deeper integration to foster innovation. The role of capital markets in Europe, and why fragmentation in listing rules, taxation and supervision makes it harder to create true European champions. The broader competitiveness question: how Europe positions itself between the US and China in technology, capital formation and regulatory agility. The realistic path forward — what can be implemented pragmatically, what requires political courage, and why timing matters in the current geopolitical and economic context. A thoughtful and strategic conversation about Europe’s future as a startup continent — not just in terms of funding rounds, but in terms of structural design. Robin’s recommendation: Podcast “Stuff you should know”: https://stuffyoushouldknow.com/ Useful links: Robin Wauters: / robinwauters EU-Inc: https://www.eu-inc.org Sirris: http://www.sirris.be