Wise co-founder and Plural partner Taavet Hinrikus outlines key policy recommendations for European leaders to increase competitiveness against the US and China.
“More capital for deep tech investment. Look at encouraging entrepreneurship. Look at reducing the regulatory burden. And I think the way we do government purchasing decisions, whether it's in defense or other areas, the government should be the biggest customer for European startups.”
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More from Taavet Hinrikus
AssertionSupported
Hinrikus: The vast majority of European VC partners lack operating experience
“I, you know, I've said many times is that if you look at the European landscape, majority, vast majority of the European GPs have not spent a single day working in a real company. They've worked in consulting firms, banks, but they haven't worked in a real ope…”
Taavet HinrikusApr 28, 2025▶ 4:25Plural Partner, Taavet Hinrikus: Why Founders Will Realise Multi-Stage Funds Damage Seed Rounds · 20VC with Harry Stebbings
Opinion
Hinrikus: The US Can No Longer Be Trusted to Protect Europe
“And the ways that US cannot be trusted anymore to be the protector of Europe.”
Taavet HinrikusApr 28, 2025▶ 43:31Plural Partner, Taavet Hinrikus: Why Founders Will Realise Multi-Stage Funds Damage Seed Rounds · 20VC with Harry Stebbings
PredictionOpen · timeframe Apr 2030
Hinrikus: Russia will attempt to attack another European country
“I think it's a very serious, very real concern. We should be living under the assumption that whatever happened in Ukraine now, Russia will try in another country over the next years, and we need to be ready for this.”
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Opinion
Hinrikus: The UK stock market is subprime due to weak institutional backing
“We don't have enough retail participation in the UK. We don't have enough institutional participation from the pension funds. So I do think UK stock market is subprime in that sense.”
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Opinion
Hinrikus: Standard 2% VC management fees misalign investors from startup outcomes
“Fundamentally, the idea of collecting a two, two and a half percent management fee does not really make sense. It does not align us with the outcomes.”
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Opinion
Hinrikus: VCs shouldn't make big money just for deploying capital
“I don't think people in venture should make a lot of money just because they are deploying capital.”
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