European Union Demands $1B Penalty from VW, BMW for Hiding Emissions

European Union Demands $1B Penalty from VW, BMW for Hiding Emissions

Hello and welcome to Daily Crunch for 9 July 2021 we made it on Friday, you are all proud. But we still can’t relax – there’s a lot going on today. We have it now, from disguised auto companies to the capital frenzy of the current venture as a technology venture. Let’s go! – Alex. 

European Union Demands $1B Penalty from VW, BMW for Hiding Emissions
European Union Demands $1B Penalty from VW, BMW for Hiding Emissions
  • What’s next for European startups? We usually save these three slots for the biggest news of the day, but I wanted to share an article written by a German enterprise capitalist about his country. Investors are bullish, but there are two ideas about where the country can do better: fun options for employees and rules related to spinoff. It’s worth reading if you want to consider why some countries interact with more active startup communities than others
  • It wasn’t so good at the startups: it was our Q2 2021 venture capital market reading that broke records around the world, a record number of unicorns were born and valuable value survived. If you are a founder considering raising capital, now is probably the best time to do it.
  • Biden MegaCorp accepts: We jokingly call this newsletter the public-company division of Big Tech because the best, most famous technology companies are Freakin’s giant. And it worries a lot that some companies have become so big that they should be disbanded to create more competition. Technology companies naturally disagree. Regardless, the U.S. voice about Goliath companies is beginning to take effect.
  • Today’s Tiger Round, Brazilian HR Startup Flash: Led by HyperCafineted Venture Capital Group, the company held only $22 million in Series B. Sao Paulo-based startups provides a new way to benefit the country. 
  • Korean grocery startup Kurli raises $200 million: online groceries are now worth more than $2 billion. What’s more, its plans for an IPO in the United States are rigged. Instead, the company will create a list locally in the future. Cut it out of Didi Mess or something else? Whatever the case, the organization is one to keep an eye on.

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