For Europe’s tech ecosystem to thrive, its startups must be able to attract and retain the best talent by offering employees a share in the success ???? That’s why, in 2019, Index Ventures launched Not Optional alongside 500 European startup founders and CEOs to campaign for stock option policy reform across the continent. After five years of campaigning, we’ve seen: ???Policy reforms across 11 European countries ???7 European countries with stock option policies that exceed or match that of the US ???€5bn in equity transferred to startup employees ???Employee ownership at late-stage startups increase from 12% to 16%???Stock options taken up as an EU priority With European competitiveness in the spotlight, today Not Optional has released the latest country rankings with a call for pan-European alignment on stock options and startup policies ?? ?? Thank you to the Not Optional's many supporters over the years including Jean-Charles Samuelian-Werve at Alan, John Collison at Stripe, Hanno Renner at Personio, Ilkka Paananen at Supercell, Eléonore Crespo at Pigment, Sebastian Siemiatkowski at Klarna, Nicolas Brusson at BlaBlaCar, Daniel Dines at UiPath, Taavet Hinrikus at Wise, Martin Mignot and Neil Rimer at Index Ventures, Andrei Brasoveanu at Accel, Bernard Liautaud at Balderton Capital, Niklas Zennstr?m at Atomico, Saul Klein and Suzanne Ashman Blair at LocalGlobe, Ophelia Brown at Blossom Capital, Gloria Baeuerlein at Puzzle Ventures, Reshma Sohoni and Tom Wilson at Seedcamp, Staffan Helgesson and Fredrik Cassel ?at Creandum, The EU Inc Petition and hundreds of others who signed letters, joined meetings with policymakers and pushed for better stock option policies locally and at EU level. notoptional.eu #notoptional
Not Optional crucial work, thank you for putting this together! Could you share more details about how the six factors are calculated? This will be very helpful to understand where the biggest potential for improvement is.
Huge thanks also goes to the startup organisations including France Digitale, Startup-Verband, Allied For Startups, Techleap, Scale Ireland, Startup Coalition, Startup Portugal, AustrianStartups, The EU Inc Petition, Czech Founders, European Startup Network and many others!
Hi, can you share methodology for the ranking? We're interested to understand what Italy might improve to reach the winners.
Phenomenal impact that will support startup Founders & their teams for decades to come!
VC at People Ventures
4 个月Amazing work! ??