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@ueeu A company without VC doesn’t have to exit (sell). A company with, does. This is why I’m against VC-backed startups getting EU funding and why I said it makes us “an unpaid research and development department for Silicon Valley” when addressing the European Parliament (because if they fail, we pick up the cost with our taxes. If they succeed, they get snatched up by the Googles of the world.) It’s also why I suggested we fund independent organisations in the EU from the common purse for the common good that, if and when they do succeed, cannot be sold off.

https://ar.al/2019/11/29/the-future-of-internet-regulation-at-the-european-parliament/