European tech company founders endorse "EU Inc." initiative for standardizing investment, cross-border operations, and unifying employee stock options to boost Europe's global tech competitiveness.
Founders of major European tech companies, including Stripe and Wise, have endorsed an open letter advocating for a "tech renaissance" in Europe through the establishment of a pan-European entity called EU Inc. This initiative aims to standardize investment processes, simplify cross-border operations, and unify employee stock options to help startups scale and attract capital. The effort seeks to enhance Europe’s competitiveness against the U.S. and China in the global tech market.
October 14, 2024
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