Kay Jebelli 🇺🇦

Tech: where immigrants are industry leaders, workers are multi-millionaires, companies respond to employee concerns on social issues, and everyone competes to be the greenest. It's the most progressive industry in the world.

🎤 We spoke with Damian Boeselager, Co-Founder and Member of Parliament for Volt Europa 👇 ❓You are one of the strongest supporters of EU-INC. What has captured you personally or politically about this movement? "Why is EU-INC cool? Because it helps investors understand corporate forms in Europe more easily. That’s one of the largest benefits because you know your voting rights and shareholder rights when you invest, especially if you don’t have to travel to that country for that investment to sign in front of a notary". ❓You’ve been touring Europe, meeting founders from Helsinki, Paris, Berlin, Amsterdam and other European hubs. What lessons are you bringing back to policymakers here in Brussels? "One of the things that I heard most is, “Okay, so when does [EU-INC] work? When can I get it?” When I say, “in three years”, it is because we have one year of negotiations and then two years of implementing a Directive; they have already lost interest. There’s a feeling of ‘you’re not hearing us’". Check out the full interview: dgprogress.eu/p/dg-progress-…

This is probably the most important article of the month: an op-ed by Oman's Foreign Minister, who mediated the talks between the U.S. and Iran, in which he writes that the U.S. "has lost control of its foreign policy" to Israel. He repeats that a deal was possible as an outcome of the talks (something confirmed by the UK's National Security Advisor, who also attended: x.com/i/status/20341…) and that the military strike by the U.S. and Israel was "a shock." Interestingly, given he is one of Iran's neighbors and given that Oman has been struck multiple times by Iran since the war began (en.wikipedia.org/wiki/2026_Iran…), he writes that "Iran’s retaliation against what it claims are American targets on the territory of its neighbours was an inevitable result" of the U.S.-Israeli attack. He describes it as "probably the only rational option available to the Iranian leadership." He says the war "endangers" the region's entire "economic model in which global sport, tourism, aviation and technology were to play an important role." He adds that "if this had not been anticipated by the architects of this war, that was surely a grave miscalculation." But, he adds, the "greatest miscalculation" of all for the U.S. "was allowing itself to be drawn into this war in the first place." In his view this was the doing of "Israel’s leadership" who "persuaded America that Iran had been so weakened by sanctions, internal divisions and the American-Israeli bombings of its nuclear sites last June, that an unconditional surrender would swiftly follow the initial assault and the assassination of the supreme leader." Obviously, this proved completely wrong, and the U.S. is now in a quagmire. He says that, given this, "America’s friends have a responsibility to tell the truth," which is that "there are two parties to this war who have nothing to gain from it," namely "Iran and America." He says that all of the U.S. interests in the region (end to nuclear proliferation, secure energy supply chains, investment opportunities) are "best achieved with Iran at peace." As he writes, "this is an uncomfortable truth to tell, because it involves indicating the extent to which America has lost control of its own foreign policy. But it must be told." He then proposes a couple of paths to get back to the negotiating table, although he recognizes how difficult it would be for Iran "to return to dialogue with an administration that twice switched abruptly from talks to bombing and assassination." That's perhaps the most profound damage Trump did during this entire episode: the complete discrediting of diplomacy. If Iran was taught anything, it is: don't negotiate with the U.S., it's a trap that will literally kill you. The great irony of the man who sold himself as a dealmaker is that he taught the world one thing: don't make deals with my country. Link to the article: economist.com/by-invitation/…

This is the heart of Beirut today. A city that has stood for 5,000 years. Israel is obliterating it — flattening civilian apartment block after apartment block. Not military targets. Civilian homes. Civilian infrastructure. Civilian life.

I'll be honest about where I stand. Right now, at Bitizenship, we are operating our Italian entity. The number of powers of attorney, notarized documents, and lawyer invoices involved for a still small company (2-3M capital in) is insane. The infrastructure, starting with the mandatory digital pen drive for signing, literally screams Windows 1995. It's extremely painful. When I read the EU Inc. proposal today, I read it as someone living this in real time, though from a unique angle of the business we are building inherently global. Here is in a nutshell what the Commission is proposing: - Incorporate across all 27 EU countries in under 48 hours, for less than €100 - Single EU portal, automatic tax registration - Fully digital. No notaries - ESOP taxed only when you sell - Simplified insolvency The key point is obviously that tax and labor law are not in this proposal. I won't be debating idealistic versions of EU Inc., the nearly two years it took to get an incomplete proposal onto the table since Draghi, nor the debatable communicative choice of posting "we are introducing" something when in effect it is something brought to parliamentary discussions, still. I'll be simple: kill the notary requirement and this is already critical. Also, the ESOP point is underrated and would deserve more attention: taxing options only at sale, not at grant, is a real shift for anyone building a team across Europe. Well-deserved credit to all parties and operators involved and best wishes in locking in a regulation to execute it. What's your take?

It’s because they had a monopoly. If only competition authorities had stepped in when they first wanted to

A super reminder how bad regulators are at predicting market outcomes. Only three years ago:

When we asked MEP Damian Boeselager what he learned from speaking with European founders, he said 👇 "One of the things that I heard most is, “Okay, so when does [EU-INC] work? When can I get it?” When I say, “in three years”, it is because we have one year of negotiations and then two years of implementing a Directive; they have already lost interest. There’s a feeling of ‘you’re not hearing us’." The Regulation the EU proposes is a major win, but it's aiming to be ready by 2028. How can we speed it up? 🎙️ Check out the full interview with Damian, here: lnkd.in/dcE2pqkm

First, we are capable of producing at least 2,000 effective and combat-proven interceptors every day. We can produce more – it depends on investment. We need about 1,000 interceptors a day, and we can supply at least another 1,000 a day to our allies. Second, we know how to build radar and acoustic coverage to respond to how “shaheds” and other drones approach. Third, we have software that allows radars to keep working even under electronic warfare jamming. In real time, we analyze enemy frequencies and respond to them. And because of this system, we understand how effective our defense is against almost every attack drone, and we can move our positions and air defense to get better results. This iPad gives full control of the situation because we have a system for using our defense tools. If a “shahed” needs to be stopped in the Emirates – we can do it. If it needs to be stopped in Europe or the United Kingdom – we can do it. It is a matter of technology, investment, and cooperation. And the fact that we got through this winter – which Russia tried to make deadly for all our families – shows that our solutions work. From my address to the Parliament of the United Kingdom (4/7)

🚨 New study just dropped: Europe's Digital Markets Act was supposed to boost European startups. Instead? VC investment fell 37%. Acquisitions by targeted U.S. companies dropped to ZERO. And IPOs didn't budge. The "Kill Zone" the DMA set out to fix? It was a myth.🧵

Still a lot of work to do ...

@euacchq @EU_Commission @EUCssrMcGrath @EZaharievaEU @vonderleyen

We want to congratulate the @EU_Commission , @EUCssrMcGrath , @EZaharievaEU @vonderleyen - and the Europeans who spoke up - for this draft EU inc proposal, as it's a good starting point. Pending further review, we'll highlight now some of the interesting items 1/7

With EU Inc., we are making it drastically easier to start and grow a business all across Europe ↓ twitter.com/i/broadcasts/1…

The European Commission announced its proposal for a 28th company law regime (“EU Inc”) today that will give startup founders the option of a single legal entity that can operate seamlessly across the 27 European Member States.

New from @KayJebelli and @patrickgrady_: The EU's proposed "28th Regime" could create a harmonized corporate layer to help companies set up and scale across member states. What it means for digital businesses and investment is just starting to unfold. progresschamber.org/insights/dg-pr…

After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today. I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby. It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC. May God bless America.

30 of the most influential people shaping Europe’s deep tech ecosystem right now! 🇪🇺 👷 From founders and investors to policymakers and researchers, these are the voices pushing the frontier forward. And where is European deep tech heading next? On March 24, the latest @dealroomco Deep Tech Report goes live, in collaboration with Lakestar & Walden Catalyst Ventures, a deep dive into the trends, capital flows, and breakthrough sectors defining Europe’s innovation landscape. We’ll unpack the key insights in a live webinar, sharing what the data really says, and what it means for founders, investors, and policymakers. Sign up to join, link below: Plus, let us know who’s missing from the list! The Top 30: @azeem, Founder, Exponential View @nathanbenaich, Founder, Air Street Capital @julien_c, Co-founder & CTO, Hugging Face Lisa Guess, MBA, BSEE, CEO, KTH Ventures Giovanni Fili, Founder, Exeger Anne Margaret Glover, CEO & Co-founder, Amadeus Capital @JanGoetz6, CEO, IQM Quantum Computers @demishassabis, CEO & Co-founder, Google DeepMind Hermann Hauser, Co-founder, Amadeus Capital @taavet, Partner, Plural; Co-founder Wise @helenehuby, CEO, The Exploration Company JornaKerstin, Director-General, European Commission @alexgkendall Founder & CEO, Wayve @andreasklinger, Founder, Prototype @ylecun, Former Chief AI Scientist, Meta, Founder AMI @arthurmensch, CEO, Mistral AI @AnnMettler, EIC, ex. Breakthrough Energy Thomas Oehl, General Partner, Vsquared Ventures @aonetti, Chairman at Mind the Bridge @regerdavid1, Founder & CEO, Neura Robotics @torstenreil, Co-CEO & Co-founder, Helsing Andreas Riegler, Founder and General Partner at APEX Ventures @daria_saharova, Partner, World Fund @mwchscheffer, President, European Innovation Council @MSchilling__, CEO & Co-Founder, Deep Tech momentum Francesco Sciortino, Co-founder & CEO, Proxima Fusion @steipete, Founder & CEO, Openclaw (formerly PSPDFKit / Nutrient) @Arnaud_dlt, CEO & Co-Founder, Hello Tomorrow @stefvangrieken, Founder and CEO, Cradle Enzo Wälchli, Partner, Operator Circle

The second edition of our newsletter just dropped!👇 🏗️ Capital is pouring into Europe’s AI ecosystem ⛽ The EU’s AI Act is under fire and under review 🌉 MEP Damian Boeselager speaks with us about why he’s championing EU-INC 🛣️ The 28th Regime arrives… open.substack.com/pub/dgprogress…

@CassLowe Putting aside whether AI training actually infringes copyright (it doesn't), the contribution of any one piece of work to the many terabytes of data that go into training a model is absolutely miniscule.

@KayJebelli Pay creators for their work and intellectual property, get consent and license it properly. It's not hard to look at the IP used in the models and apportion what has been used for each derivative work

When leading EU policymakers liken AI training to ... playing a song in a film .... everyone fighting on the front lines for Europe's technological future loses a little bit of steam. Why do our elected officials continue to make us have to ski uphill?

I wanted to make a meme about Iran but then I realized this applies to almost anything.