Partner @atomico. Long European tech and venture. Founded State of European Tech https://xitter.cf/t.co/32YSxOvFjf
London
Joined March 2008
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Tom Wehmeier retweeted
At this point the whole EU Inc negotiations are so lost in the details that everyone forgot the main goal: Creating a standard.
Basically, allow founders to raise quickly globally and use stock options to hire competitively.
Let’s say it quite clearly:
1) If EU Inc isn’t providing a standard it’s useless. We already got 30+ legal entities in Europe. Experienced founders use Delaware Inc already because of this.
2) If EU Inc doesn’t fix stock options Delaware Inc is still the better option.
I understand the there are complex details and people are worried about loopholes. But you can’t lose the actual goal of it because of it.
An EU Inc that doesn't provide a standard is pointless. Nobody will care about intricacies of compromises reached in political committees if the market can't use the outcome.
If you are in contact with your political leaders (prime ministers, presidents, et al) please reach out to them. Or to founders/investors in your network who might have that access.
🔥🇪🇺✌️
xitter.cf/euinc_petition/status/…
There simply is no strategic compass directing European capital flows in the same way as we see with the US doctrine of America First or China’s Self-Reliance
Apollo's daily analysis is so good. Today, @huwsteenis gives us some food for thought on the rise of European-funded hyperscaler credit. As he notes:
Hyperscalers have raised $48 billion in bonds in European currencies this year, which is already more than triple the entire amount of 2025. This is spread across €27 billion, £13 billion and CHF7.5 billion.
Hyperscalers now account for 3% of euro IG issuance, 10% of sterling IG issuance and 22% of Swiss franc IG issuance this year, compared with 8% of US IG corporate issuance, see the first chart below.
Which means EUROPE IS INCREASINGLY FINANCING HYPERSCALER AI ROLLOUT:
Tom Wehmeier retweeted
47% of Europe’s assets are managed by US firms.
However, less than 1% of America’s assets are managed by non-US managers.
We spend a lot of time debating who buys and who invests in Europe’s companies, and almost none on who manages Europe’s capital - a layer with meaningful influence over everything downstream of it.
cc @twehmeier
Tom Wehmeier retweeted
Ursula von der Leyen just *officially* announced at Davos:
The 28th regime will be called EU–INC!
WE WON.
TOTAL EU–INC VICTORYYYYYYY!!!
WE MEMED THIS INTO REALITY
ALL OF YOU MADE THIS POSSIBLE
@euinc_petition
Tom Wehmeier retweeted
Today we're publishing an Open Letter from over 150+ founders & investors across our startup & scaleup ecosystem to the @RachelReevesMP warning against a so-called 'Exit Tax'.
You can read the letter and sign on at no-exit-tax.co.uk
Tom Wehmeier retweeted
I just had an insightful discussion with @twehmeier -Partner and Head of Insights at @atomico and @yoramdw - Founder and CEO of @dealroomco to explore the incredible journey of Tech Europe over the last decade and the shift towards tech optimism.
Some insights 🧵
Tom Wehmeier retweeted
Easy Monday 'to do' - make sure you fill in the #SOET24 survey ✅. As a thank you, we're offering a chance to win a ticket to annual sell-out @SlushHQ!
atomicovc.typeform.com/SoET-…
Sigh. The unseen ‘tax’ here is the very real reputational damage this (and other wild regulatory statements) cause to the European tech industry and the knock-on impact on capital and talent flows felt by those actually seeking to innovate and build from Europe.
Tom Wehmeier retweeted
"The promise of AI isn't tomorrow, it's today. It can actually help save women's lives today." Find out how @KheironMedical ended up on the front page of the @nytimes on Nov 28th. Sign up here to be one of the first to get this year's report: eepurl.com/coN1Fv #soet23 #AI
Tom Wehmeier retweeted
The CTO (& European) that everybody wants to hear from this year - @OpenAI CTO @miramurati sat down with @Bryce_Keane for this year's State of European Tech Report launch Tues Nov 28th. Get all the insights delivered straight to your inbox here eepurl.com/coN1Fv #soet23 #AI
Tom Wehmeier retweeted
COMING SOON: The State of European Tech interviews @OpenAI CTO and architect of ChatGPT, Mira Murati, for her only interview on European tech.
Sign up to our newsletter to be the first to see the interview when we launch on November 28th!
eepurl.com/coN1Fv
#SOET #VC
Tom Wehmeier retweeted
Our latest bitesize #SOET update shows Europe's founders have never been better
👉 19% of founders have prior experience in companies that have raised more than $50M
🔄 37% are repeat founders
Check out the full dataset stateofeuropeantech.com/2023…
Tom Wehmeier retweeted
The State of European Tech First Look 2023 is out now! For the first time ever, @atomico is releasing a slimmed-down, mid-year edition of the report. Click here to read more: stateofeuropeantech.com/
Tom Wehmeier retweeted
The *brand new* State of European Tech: First Look is here! Check out stateofeuropeantech.com for a snapshot on 2023 so far, incl:
📊 VC capital invested year to date
🌍 Country breakdown
🌱 Early stage resilience
🤖 Founder and thematic trends
#SOET #superventure
Tom Wehmeier retweeted
🖼️ What’s better than one State of European Tech Report?
✌️ Two State of European Tech reports!
🌴 After years of reading these in the winter breaks — you can now read the mid year version in summer, on the beach, with an Aperol Spritz instead of a hot tea.
👊 Coming 6th June!
This year, for the first time ever, we're releasing a slimmed-down, mid-year edition of the State of European Tech, featuring key trends, fresh insights, and new data!
Coming June 6th: The State of European Tech: First Look 2023 👀
bit.ly/42a9jAA
#soet #vc #tech
Tom Wehmeier retweeted
This year, for the first time ever, we're releasing a slimmed-down, mid-year edition of the State of European Tech, featuring key trends, fresh insights, and new data!
Coming June 6th: The State of European Tech: First Look 2023 👀
bit.ly/42a9jAA
#soet #vc #tech
It’s been astonishing to see the pace and scale of work behind the scenes at @hmtreasury @bankofengland @Coadec @BVCA and so many others to secure this outcome with @HSBC for SVB UK. Huge shout out to @Dom_Hallas
Tom Wehmeier retweeted
A joint statement for @Jeremy_Hunt & @hmtreasury, from a number of leading UK venture capital funds, in support of @SVB_UK
