Michael Jackson @WorkMJ Twitter profile

Last Seen Profiles

@jarule

@IBRChloe

@sydsmomky

@mattelscatalog

@joacoorp

@kate_ne_smeshno

@anniethenigma

@Kofoworola100

@edlee09877895

@RollyRoll

@alnajafyosam

@ookandaemi36583

@_SiyaNdlovu

@lips67010

@Cutismo13

@Cryptocafeyboba

@The_FollowUp

@Glo_UB

@TGiamichae17572

@XanderTheChef

@yanjungf

@Muhammadak76380

@P4tt_1984

@jandakembangstw

@Domingarra

@Nappyculteur

@peterliuhdchor1

@MeatmasterBW

@C_Doc12

@PearsKathary

@Tax999_

@kkpapua1

@lund_jrge1

@AnjimmWoi40545

@galacticvikings

@Gcq9c23v1mKX3

Michael Jackson

@WorkMJ

2 years

Satellite data implies China's GDP is about $7 trillion smaller than what the CCP says. It's a given that they lie extensively about their data, but a $7 trillion difference would be quite the whopper.

A study of lights at night suggests dictators lie about economic growth

Satellite data hints at the scale of their deception

www.economist.com

129

419

2K

Michael Jackson

@WorkMJ

6 years

@pjozefak @Brett_Kavanagh Just gotta embrace it for the icebreaker and conversation starter that is. Plus it helps people to remember you more easily (good or bad). :)

5

16

884

Michael Jackson

@WorkMJ

6 years

During coffee with a European founder raising a Series A after working in the US for years - Founder: Wanna see the deck? Me: Sure. Founder: Which version? Me: ? Founder: The one for US investors or European investors? Me: Big difference? Founder: One's realistic.

10

121

622

Michael Jackson

@WorkMJ

5 years

Universal Music received $107k worth of Uber shares in the seed round in exchange for the domain name it owned from a previous investment. They sold their shares in the Series A round the following year for $863k. Those shares were worth $532M at IPO.

Uber Jackpot: Inside One of the Greatest Startup Investments of All Time

The IPO for ride-hailing powerhouse Uber will shower the company’s early backers with once-in-a-lifetime investment returns.

www.wsj.com

9

154

472

Michael Jackson

@WorkMJ

3 years

"A16Z is doing the same thing to the venture capital industry. It is not just acting strategically in order to gain an advantage. It is imposing a whole new cost structure on its competitors."

Andreessen Pulls a Bezos

Cheap money and power-law profits are killing venture funds and birthing venture firms.

www.drorpoleg.com

7

36

274

Michael Jackson

@WorkMJ

11 months

@mr_james_c One degrowther just commented to me that degrowth is only meant for the developed world and not the developing world. If they truly believe that it shows they don’t understand how economies work in the 21st century.

13

21

233

Michael Jackson

@WorkMJ

3 years

Heard from yet another first-time VC who is going into debt to meet their GP commitment. LPs need to realize that such scenarios aren’t healthy.

39

11

217

Michael Jackson

@WorkMJ

3 years

The rise of Ireland as a tax haven, visualised.

6

54

206

Michael Jackson

@WorkMJ

1 year

“The Forbes 30 Under 30 have collectively raised $5.3B in funding. The Forbes 30 Under 30 have also been arrested for frauds and scams worth over $18.5B.”

7

51

194

Michael Jackson

@WorkMJ

4 months

A lot of Europeans are in deep denial as to just how undynamic Europe is economically. Then they come up with weird copes as a defense mechanism.

26

22

162

Michael Jackson

@WorkMJ

3 years

Just got sent this article from someone in the European ecosystem saying "wow, 75 millionaires from Klarna!" 😳 A company valued at $45.6B should produce a hell of a lot more than 75 millionaires.

Klarna has turned over 75 employees into millionaires

The Swedish fintech was recently valued at $45.6bn — transforming a large pool of its employees and alumni into millionaires.

sifted.eu

9

12

145

Michael Jackson

@WorkMJ

2 years

Pretty much every competition slide in a pitch deck.

6

18

143

Michael Jackson

@WorkMJ

11 months

Equity per round in US venture deals, via @cartainc .

7

28

144

Michael Jackson

@WorkMJ

1 year

I will never not love a SoftBank presentation. 😍

18

19

139

Michael Jackson

@WorkMJ

10 months

Big, poorly performing funds make more money for the partnership than small, good performing funds. @tmrohan lays out the truth as to why so many VCs grow their fund size.

15

24

128

Michael Jackson

@WorkMJ

11 months

Degrowthers are naive zealots who would turn back global progress if they could. The fact the EU hosted an event for them is appalling.

‘Degrowth’ starts to move in from Europe’s policy fringes

Unorthodox economic ideas are finding a mainstream audience as climate change bites

www.ft.com

5

19

130

Michael Jackson

@WorkMJ

2 years

"I have an investor relations group of two people...the group that manages $230 billion in cash is a group of seven". - Luca Maestri, Apple CFO.

6

13

119

Michael Jackson

@WorkMJ

6 years

Been seeing a lot of profiles on LinkedIn with "award winning entrepreneur" in the title. While nowhere near as bad as the GOAT bullshit LinkedIn self-descriptor of "visionary", of all the ways to qualify success as an entrepreneur I wouldn't put winning an award high up the list

7

18

115

Michael Jackson

@WorkMJ

2 years

Some people don’t realize just how big LVMH is.

8

21

117

Michael Jackson

@WorkMJ

1 year

Met a friend from one of Europe’s biggest family offices for breakfast. I asked which current investments do they think have real growth potential in Europe. Answer was a chain of hearing aid stores, and a portfolio of retirement homes. Old Europe is full of old Europeans. 👴🏻👵🏻

10

14

112

Michael Jackson

@WorkMJ

8 months

Some VCs seem to think there’s a larger problem with the economy because many of their B2B SaaS portfolio companies are struggling, when in reality they just invested in bad and mediocre software companies at too high of valuations.

Noah Smith 🐇🇺🇸🇺🇦

@Noahpinion

8 months

Folks in the tech industry are tempted to think that the U.S. economy is doing bad because software had a big bust over the last two years. But the broader U.S. economy seems to basically ignore what happens in Silicon Valley.

22

35

313

2

12

101

Michael Jackson

@WorkMJ

1 year

Web3 investors pivoting hard to being GPT3 investors. 😉

2

19

100

Michael Jackson

@WorkMJ

4 months

A European VC just seriously told me that if we invested everything into climatetech and solved the climate crisis we wouldn’t have to worry about security and defense. 🤦🏻‍♂️ Apparently there were no conflicts prior to the industrial revolution. 🤷🏻‍♂️ A lot of VCs are just dumb.

17

6

95

Michael Jackson

@WorkMJ

1 year

Every CEO should know not to look to McKinsey for the best info on generative AI.

What every CEO should know about generative AI

Gen AI is evolving at record speed while CEOs are still learning the technology’s business value and risks. Here, we offer some of the generative AI essentials.

www.mckinsey.com

4

15

90

Michael Jackson

@WorkMJ

3 years

“Building an entry-level factory that produces 50k wafers per month costs about $15B...they become obsolete in 5 years or less...the brutal economics of the industry mean fewer companies can afford to keep up.”

1

25

86

Michael Jackson

@WorkMJ

7 months

The EU, where regulating is cheered more than actually innovating.

Thierry Breton

@ThierryBreton

7 months

Historic! The EU becomes the very first continent to set clear rules for the use of AI 🇪🇺 The #AIAct is much more than a rulebook — it's a launchpad for EU startups and researchers to lead the global AI race. The best is yet to come! 👍

3K

1K

4K

5

8

86

Michael Jackson

@WorkMJ

1 year

This should happen across Europe. Would be good for its economic future.

German call for English to be second official language amid labour shortage

Politician from governing FDP says skilled foreign workers are being put off by unwieldy bureaucratic German

www.theguardian.com

12

11

88

Michael Jackson

@WorkMJ

2 years

Europe needs a lot more VC money going into deeptech.

8

27

84

Michael Jackson

@WorkMJ

4 months

The German Greens have got to be a foreign funded psyop. They’ve spent decades weakening Germany.

James Hopf

@HopfJames

5 months

The title says it all. Germany is willing to PAY $16 billion in order to use new (imported, polluting, CO2-emitting) gas generation, in place of clean domestic nuclear generation (i.e., simply restarting existing nuclear plants). Article link in reply. The article goes onto

89

243

1K

7

25

83

Michael Jackson

@WorkMJ

3 years

Impressive stat: Indian Americans are 1.3% of US population but have founded 23% of US unicorns.

2

25

83

Michael Jackson

@WorkMJ

1 year

“France is a paradise inhabited by people who think they're in hell.”

Sophie Pedder

@PedderSophie

1 year

The great contemporary mystery playing out in France👇 ⁦ @TheEconomist ⁩

221

718

3K

7

15

78

Michael Jackson

@WorkMJ

2 months

Only one of Europe’s top ten universities is in the EU.

Peter

@deGourlay

2 months

This is a truly impressive example of Great Britain.

101

172

2K

9

14

71

Michael Jackson

@WorkMJ

7 months

“You win a war against America when we stop believing that technology is a force for good, but rather black magic to be scared of, feared, controlled, and ultimately extinguished by people who write white papers for a living.” Banger of a speech here by @KTmBoyle . 👏🏻

joshua steinman (🇺🇸,🇺🇸)

@JoshuaSteinman

7 months

Here it is:

155

599

4K

1

8

69

Michael Jackson

@WorkMJ

5 months

European venture has a serious exit problem. Was at a dinner this week with some LPs in European VC and all have older funds in their portfolio with major unrealized gains. 10+ year old funds with 7x-10x TVPIs but DPIs under 1.5x. They want liquidity before new commitments.

15

11

67

Michael Jackson

@WorkMJ

1 year

US pension funds are 15% of LP base in German venture, whereas German pension funds are less than 1% of LP base in German venture. US pensions have €4.7B in German unicorns. German pensions have €94M. 😳 via @RedstoneVC

3

23

65

Michael Jackson

@WorkMJ

1 year

The Greens need a new playbook.

Mélanie Vogel

@Melanie_Vogel_

1 year

Sex is good but have you tried having your country shutting down its last nuclear power plants in 30 mn?

260

371

4K

1

8

67

Michael Jackson

@WorkMJ

4 months

"Only three companies in the world — Intel, Samsung and TSMC — are capable of mass producing chips powerful and small enough for today’s advanced mobile technologies." Nice primer - with loads of visuals - from the FT on computer chip manufacturing.

6

26

68

Michael Jackson

@WorkMJ

11 months

Every SaaS company trying to pass themselves off as an AI company these days. 🐴

4

15

69

Michael Jackson

@WorkMJ

1 year

“Europe’s smaller but most tech-oriented members rarely feel heard in the halls of Brussels, even as they often disagree with the Commission’s agenda.” The EU should let the Nordics and Baltics lead on tech…instead they have Germany and France instead.

On tech, the EU doesn’t speak for Europe

When it comes to technology, the countries making the rules aren’t those leading the field.

www.politico.eu

3

22

68

Michael Jackson

@WorkMJ

4 years

Euro VC: We’re a different kind of VC and want to go outside the box to hire an associate. Know anyone? Me: Sure. *makes some intros* A few months later. Me: Who’d you hire? Euro VC: A b-school grad who spent 2 years in consulting. Me: 🤦🏻‍♂️ Europe never changes its spots.

8

5

68

Michael Jackson

@WorkMJ

1 year

Ah European VC, where SaaS is considered “deeptech”.

9

7

66

Michael Jackson

@WorkMJ

3 years

This is what it looks like when a whole continent opts out of the longest bull market in history.

8

13

66

Michael Jackson

@WorkMJ

2 years

A European deep tech founder waiting (and waiting...and waiting...) for the EIC fund money to come. 💀

5

8

64

Michael Jackson

@WorkMJ

1 year

Europe when it finds something new to regulate.

7

2

64

Michael Jackson

@WorkMJ

3 years

VC Funding Per Capita By European Country: 🥇 🇪🇪 Estonia (€1967) 🥈 🇸🇪 Sweden (€1769) 🥉 🇨🇭 Switzerland (€1414) Part of a good report by @dealroomco on Central and Eastern European startups.

9

19

63

Michael Jackson

@WorkMJ

2 years

Not sure why this is rubbing some in Europe the wrong way. It’s damn tough to find partner level profiles in Europe. Few have scaled companies or have track record as investors. Not an insult to Europe, just where the ecosystem’s at in its development.

Top U.S. VC firms are struggling to find the right staff in Europe

There's no shortage of European start-ups for U.S. venture capitalists to back but there's a lack of staff for them to hire, industry sources told CNBC.

www.cnbc.com

8

10

60

Michael Jackson

@WorkMJ

1 year

VCs are on track to close 2023 with 73% less capital committed than 2022. 📉 "Exits dropped off a cliff in mid-2022 and have failed to pick back up, leaving gobs of LP capital tied up in late-stage unicorns."

4

15

62

Michael Jackson

@WorkMJ

5 years

Nice chart from the folks at @dealroomco . Europe is a MUCH healthier place for startups than when I first came over in 2007. Still a long way to go, but steady improvement across the board.

3

26

61

Michael Jackson

@WorkMJ

3 years

Anyone who thinks the future of venture would be better by skipping the VCs and dealing directly with the LPs clearly hasn't dealt with many LPs.

1

5

60

Michael Jackson

@WorkMJ

2 months

A friend of mine is Paris is an automotive exec. He has direct reports under him in Detroit that make 2x what he does. The cost of living in Detroit is significantly lower than Paris. Middle of nowhere US salaries are beating those in major European capitals.

Andrew J Scott 🐧

@andrewjscott

2 months

UK v US salaries

97

301

1K

15

11

59

Michael Jackson

@WorkMJ

2 years

When a generalist VC thinks they've got themself a real live deep tech deal. 😉 TGIF!

3

8

57

Michael Jackson

@WorkMJ

4 months

"Europe needs more scientists in VC to become a deeptech powerhouse". Except data shows that PhDs underperform as VCs. It's better to just have a great network of scientists for DD.

Europe needs more scientists in VC to become a deeptech powerhouse

Physicist and APEX Ventures’ deep tech VC, Dr. Ion Hauer, argues why Europe's deeptech sector needs more VCs with a STEM background to bring innovation to market.

tech.eu

6

5

58

Michael Jackson

@WorkMJ

1 year

Average age a founder started a future European unicorn is 33. Top three schools for European unicorn founders are Oxford, LSE, and Cambridge. 15% don't have a university degree. 🦄

8

11

57

Michael Jackson

@WorkMJ

1 year

"One thing that Europe is not lacking is capital. What is absent is intent....total AUM in the region amounted to a colossal €28.4T in the third quarter of 2022. The trouble is only a tiny fraction of that total is allocated to growth capital."

European tech investors need to up their ambitions

It is currently safer and cheaper for fund managers wanting tech exposure to buy publicly traded companies on Nasdaq

www.ft.com

3

12

56

Michael Jackson

@WorkMJ

8 months

“Junior people here ask me ‘Hey at this other firm young people are going on boards, can I be on a board?’, I say you haven’t earned the right...just because you got an MBA and joined a venture firm doesn’t mean you’re qualified to advise an entrepreneur.”

Abhishek Agarwal (e/acc)

@abhi_agarwal4

8 months

Man, @vkhosla is brutal. I've never raised VC. Curious to know what founders who have think about this. Do 70% of investors add negative value?

118

461

3K

5

11

56

Michael Jackson

@WorkMJ

7 months

"Europe’s exceptional talent is too spread out; founders, cities, and regulators need to pursue dense talent clusters to improve rates of success." Yup. 💯

11

9

53

Michael Jackson

@WorkMJ

2 months

Frenchest thing you’ll read today.

Stanley Pignal

@spignal

2 months

The French government this week wanted to organise a big conference on working 4 days a week, but then realised Wednesday and Thursday are bank holidays and everyone is taking Friday off. France in May: you can't even get enough people for a meeting to discuss working less

22

366

2K

5

6

55

Michael Jackson

@WorkMJ

4 years

Europe does seem to still love copycats. 👏🏻

5

4

55

Michael Jackson

@WorkMJ

2 months

“Europe is highly unlikely to be relevant.”

Tsarathustra

@tsarnick

2 months

Eric Schmidt says the US is 2-3 years ahead of China at AI, while Europe is too busy regulating to be relevant

109

214

1K

9

13

53

Michael Jackson

@WorkMJ

9 months

“You need to choose between building your startup and building a company that gets EU grants…roughly 50% of your activities in funded projects will go towards writing reports.” EU grant programs are at best neutral for European innovation.

Why is applying for EU funding such a nightmare?

The EU's definition of 'great' is ‘safe’, with just a flirtatious wink at innovation, all wrapped up in a nice thick blanket of bureaucracy.

sifted.eu

6

16

53

Michael Jackson

@WorkMJ

2 years

Europe Europing.

10

5

53

Michael Jackson

@WorkMJ

2 years

Tech entrepreneur with his banker, lawyers, and accountant.

2

4

54

Michael Jackson

@WorkMJ

7 months

The euro has been good for Germany.

5

12

51

Michael Jackson

@WorkMJ

3 years

Ranking of European ecosystems by combined enterprise value of companies founded this century. From @dealroomco .

9

24

53

Michael Jackson

@WorkMJ

1 year

Hardware will constitute 60% of "technology" revenue over the next five years, but has received only 10% of venture investment over the past five years.

Deep Tech Foundations

Hardware will constitute 60% of “Technology” revenue over the next five years, but has received only 10% of venture investments over the past five years. US investors need to pick up th…

digitstodollars.com

0

10

50

Michael Jackson

@WorkMJ

3 years

Oh ffs.🤦‍♂️This is harmful messaging. European venture is starting to produce top decile returns (none of which are represented in this EIC fund team btw) and the message here to the world is not only that it's broken, but it's the EU that can fix it?! 😳

European VC is broken but the EU can help fix it

The EIC wants to fill the gap left by European VC funds more interested in the next "pizza delivery" than fundamental innovation.

sifted.eu

7

10

52

Michael Jackson

@WorkMJ

2 months

This is idiotic. I’ve known lots of US and European military officers. None, literally none, have ever wanted war. Investing in defense is about deterrence, not warmongering.

The All-In Podcast

@theallinpod

2 months

How the Besties Think About Defense Investing Last week, @friedberg , @DavidSacks , and @chamath discussed investing in defense startups: Both Sacks and Chamath said they would have to think twice about investing in startups that made weapons. But, both have invested in defense

39

29

321

16

5

52

Michael Jackson

@WorkMJ

2 months

“It's really sad because the European talent pool is amazing”. Yup.

@levelsio

2 months

Eric Schmidt says it's going to be rare to see the successes in Europe that you see in America and the UK: "The fundamental reason is that they can't get the capital and Europe's regulatory structure is so prohibitive It's really sad because the European talent pool is amazing,

96

140

1K

5

9

49

Michael Jackson

@WorkMJ

7 months

They behave like they just put someone on the moon. “One smell step for Europe, one giant leap for regulatory capture.”

Thierry Breton

@ThierryBreton

7 months

Historic! The EU becomes the very first continent to set clear rules for the use of AI 🇪🇺 The #AIAct is much more than a rulebook — it's a launchpad for EU startups and researchers to lead the global AI race. The best is yet to come! 👍

3K

1K

4K

8

4

48

Michael Jackson

@WorkMJ

1 year

Love that there’s meetups of deeptech founders at Oxford who don’t want to go along with the uni’s status quo of funding (OSE), called ‘The Resistance’.

8

1

49

Michael Jackson

@WorkMJ

11 months

“a leading university in Scotland wanting 20-40% of a spinout company without any cash investment, were told that Stanford often asked for 5-10% at most. Their response? ‘Well, it sounds like Stanford has a lot to learn.’” 🤣

Universities are sinking spinouts before they can swim - Robert Gelb

The other week, I heard a story about a leading university in Scotland’s response to a statement about equity. Wanting 20-40 per cent of a spinout company without any cash investment, they were told...

www.scotsman.com

4

12

49

Michael Jackson

@WorkMJ

9 months

Western universities are, sadly, fertile breeding grounds for useful idiots.

4

9

46

Michael Jackson

@WorkMJ

7 months

No corner of social media is as cringe as the comments section on LinkedIn.

7

2

48

Michael Jackson

@WorkMJ

1 year

Business school alumni starting a lot of AI companies is likely a sign of a bubble. 🫧

6

4

47

Michael Jackson

@WorkMJ

9 days

Philips has helped birth some of the biggest and most important tech companies on the planet.

5

19

59

Michael Jackson

@WorkMJ

6 years

- A person who is 40 is 2.1x as likely to found a successful startup as a person who is 25. - A 40 year old is 1.3x as likely as a 25 year old to found a startup that is in the top 0.1%. - Avg founder age of the fastest-growing 0.1% of companies is 45.

1

42

45

Michael Jackson

@WorkMJ

7 months

Europe Europing.

Thierry Breton

@ThierryBreton

7 months

Deal! #AIAct

2K

789

4K

2

6

46

Michael Jackson

@WorkMJ

1 year

“We came to the conclusion that a nice simple outcome would be 20% equity stake to the university and 80% to the founders…it’s a take-it-or-leave-it offer. For us, we think it’s a reasonable number.” Do European TTOs not hear the words they're saying?

How bad are Oxford University’s spinout policies?

Oxford creates more spinouts than any other university in the UK, but it has created fewer big companies than Cambridge. Why?

sifted.eu

6

8

46

Michael Jackson

@WorkMJ

3 years

The stereotype/myth of German efficiency is most easily shattered by spending any amount of time in Germany.

9

46

Michael Jackson

@WorkMJ

11 months

Entrepreneur realising they need to pivot to superconductors after having just recently pivoted to AI...from Web3...from crypto...from SaaS...from DTC...from fintech... TGIF!

3

5

46

Michael Jackson

@WorkMJ

9 months

Posh is the typical European VC trying to relate to the entrepreneurs. David Beckham is the entrepreneurs who know better. TGIF!

5

6

44

Michael Jackson

@WorkMJ

1 year

"European venture capital is failing to go after the hardest problems. Democracy won’t defend itself with the next grocery-delivery app." Truth.

European governments need to start taking defence innovation seriously

Technologies that will protect democracy should not be outsourced

www.ft.com

5

12

45

Michael Jackson

@WorkMJ

1 year

Adorable that they think they can do that with €3B.

Germany strives to catch up with US, China in quantum tech race

Germany wants to take a leading position in the field of quantum technology and catch up with China and the US. To this end, the government has developed a trading concept that was referred to the...

www.euractiv.com

11

2

45

Michael Jackson

@WorkMJ

11 months

This is the most European thing you'll see this week.

5

3

45

Michael Jackson

@WorkMJ

17 days

If you’re not ok investing in dual use, then you’re not ok investing in deeptech. Honestly, the anti defensetech view reeks of entitlement. The same LPs opposing it benefit from the security of living in safe countries with trade protected by militaries.

Sifted

@Siftedeu

17 days

Investors need to consider the moral implications of funding weapons, even if they're only backing 'dual use' technologies.

3

0

4

9

45

Michael Jackson

@WorkMJ

1 year

Performance art.

Jose Muniz

@joseletemuniz

1 year

The socialist Spanish minister goes in a private plane to a climate event. 100 mts before the venue she gets off the car and takes a bicicle. The security cars follow her.

601

2K

6K

2

5

44

Michael Jackson

@WorkMJ

4 years

"VC is fundamentally about two things: 1. Deal flow 2. Deal access To get both without a track record, you need to be good at telling stories. ...this is marketing, not finance."

VC’s are marketers, not financiers

Why storytelling is more important than financial acumen in Venture Capital

blog.joinodin.com

1

6

44

Michael Jackson

@WorkMJ

1 year

This is Europe throwing in the towel on AI. They prioritize regulating tech over creating it. They have become their own caricature.

Alexandra Bensaid

@Alex_Bensaid

1 year

#IA : "Nous sommes le premier continent à avoir bâti une réglementation pour l'intelligence artificielle", assure @ThierryBreton . "La loi existe, a été votée par le Conseil européen et sera votée en avril au Parlement. Faire une loi en 2 ans, c'est un exploit !" @franceinter

219

77

211

9

7

44

Michael Jackson

@WorkMJ

1 year

A lot of companies are never going to recover from the silly high valuations they raised at. A lot of funds are never going to recover from the silly high valuations they invested at.

Yoram Wijngaarde

@yoramdw

1 year

16 new unicorns were minted in Q2 2023

2

4

20

3

5

44

Michael Jackson

@WorkMJ

1 year

@hkanji I don't hate Europe. I just have higher expectations for it than most Europeans do.

3

44

Michael Jackson

@WorkMJ

3 years

"if @efounders were a startup, it would employ 1833 people, make 153M EUR in revenue, and would be valued at 2.5B EUR (multiple x16). A rather successful business if you ask me." - @tiboel Damn impressive. Much respect.

eFounders Letter #9: 10 years of Team Entrepreneurship

In the past ten years, we’ve done something no one’s ever done before: launching companies as a team. The majority of startups are launched…

medium.com

0

3

43

Michael Jackson

@WorkMJ

1 year

My Monday morning started with a meeting with corporate "innovation experts". Here's to jumping into the abyss of the week with vigour and ferocity. See you on the other side!

3

0

42

Michael Jackson

@WorkMJ

1 year

The EU should be ashamed of this.

Timothée Parrique

@timparrique

1 year

This is what 4000 people discussing degrowth and post-growth in the European Parliament looks like. #BeyondGrowth .

77

240

2K

8

4

42

Michael Jackson

@WorkMJ

1 year

Based on various WhatsApp groups I'm in, there's a shockingly high number of European VCs who can't figure out how to get around paywalls in 2023, and/or don't have some essential media subscriptions.

7

2

42

Michael Jackson

@WorkMJ

1 year

They forgot a zero or two.

Exclusive: EIF to set up a €200m fund for European defence tech

The Defence Equity Facility will support private equity and VCs which target investments in defence and dual-use technology, a leaked document says

sifted.eu

6

2

42

Michael Jackson

@WorkMJ

1 year

Impressed with many of the companies I’ve seen coming out of @ETH_en .

How Einstein's old stomping ground became Europe's spinout capital

ETH Zurich has spun out the most companies of all universities in Europe — but what's holding it back from really competing with US rivals?

sifted.eu

2

42

Michael Jackson

@WorkMJ

1 year

“I'm not saying regulation is bad. I'm saying that bad regulation isn't good." This! 🎯 When it comes to tech and innovation the EU doesn't have the best track record on regulation.

EU’s new AI law could decimate generative AI on the continent, warn founders

Founders working on generative models are worried about blanket rules being applied across very different areas of AI

sifted.eu

4

13

43

Michael Jackson

@WorkMJ

3 years

Friends don't let friends work in corporate innovation.

2

10

42

Michael Jackson

@WorkMJ

2 years

"Just 49% of British deep-tech firms reach their second funding round, compared with 63% for American ones. By the sixth funding round, the average American deep-tech firm has raised £113M; the average British one just £25M."

Britain is a great place to start a company, but a bad one to scale it up

Too often, the equity capital dries up along the way

www.economist.com

2

12

42

Michael Jackson

@WorkMJ

2 years

Oxford’s spinout timeline.

3

11

41