European VCs, startups, and startup associations have been unhappy with the European Parliament recently — all because of the potential implementation of the “28th regime” for European startups, aka EU Inc., aka “European Start-Up and Scale-Up company” (ESSU). The European Parliament is working on a suggestion of how to implement the idea — but the ecosystem isn't quite happy. Andrii Degeler dug deeper into the issues and their roots and talked to MEP Rene Repasi, who wrote the first proposal, and Maximilian Henning, tech reporter at Euractiv. If you're feeling strongly about the 28th regime idea, let the Commission know — now is the time! Fill out the public consultation questionnaire before September 30: https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/14674-28th-regime-a-single-harmonized-set-of-rules-for-innovative-companies-throughout-the-EU/public-consultation_en00:00 LinkedIn is unhappy 00:50 What is EU Inc.?02:05 What's a regulation, and what's a directive? 03:04 A list of issues raised by startup associations04:56 Rene Repasi explains the choice for a directive11:37 Why focus on killer acquisitions?14:47 Preventing relocations — really?17:18 The alleged lack of startup voices in the proposal20:56 Maximilian Henning's take on the situation29:51 What happens next?