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Summary

Patrick Collison shares a German founder's account of severe regulatory challenges in Germany, including a mandatory 90-page investment contract, underscoring understated issues for startups.

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Patrick Collison (@patrickc): Met a German founder this week and asked him if all the stories one reads about the challenges of startups in Germany are exaggerated. “No, they’re understated.” Proceeded to describe spending a full day having a 90-page investment contract read to him (mandatory under German

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