Taking the stage in Brussels speaking about innovation and startups in the EU, I also had a chance to present
@qlabsofficial.
Honestly, I had to share some true stories about why entrepreneurs flee Europe.
I remain optimistic. There are a lot of smart people passionate about building businesses in Europe, but the current state of bureaucracy, fragmented markets and regulatory challenges make many set up companies elsewhere.
The situation is remarkably different in countries like Estonia whose former PM
@TaaviRoivas shared the success story of Estonian unicorns or in my home country Lithuania: fast digital services for everything, favourable tax regime, a supportive public sector.
I hope the EU wakes up on time to implement more single market measures, EU Inc., a standard EU company setup to scale across borders and cut the red tape for all.