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.
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.
5 min read
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