Opinion

November 23, 2021

European tech companies should be minting more millionaires

European tech companies are minting fewer millionaires than their Silicon Valley peers. It's a sign Europe's stock option culture needs to change.


Finn Murphy

5 min read

Klarna

The boom in technology companies and their valuations over the past 15 years has created incredible wealth for founders, VCs and LPs. In the US, a large chunk of that wealth has also gone to the employees. In 2007, it was estimated that over 1,000 Google employees had made more than $5m each from their stock options. Facebook minted over 1,000 millionaires when the company went public in 2012. 

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