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Hey there,
Good (early) morning from a foggy, humid and hot Switzerland, where the brave have been living the resistance for a couple of months now aka getting by without AC because it’s just ‘a few days in the summer’. The good side of it is that adult beverage sales have been up and to the right, and consumer spending on the rise is always good news.
This week’s stories include the sizes of Euro VC, Telegram’s financials, fintech deals and a whole lotta more.
Hit reply and let me know your thoughts and comments - and thanks for reading!
Dragos
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Market talk
🇫🇷 French billionaire Xavier Niel is joining the board of directors of TikTok’s parent, ByteDance, the company told the South China Morning Post. It’s an interesting move as Niel isn’t a name that comes up very often for high-profile board positions. He is replacing Philippe Laffont,
💲 🇬🇧😱🇮🇪🇸🇪🛬🇫🇮
Also notable
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That’s all folks, have a wonderful week!
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Created every Sunday by @drnovac of Nordic 9 with weekly notes and observations from the European startup ecosystem.
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