Briefing

Europe’s startups are struggling amid ‘inconsistent and punitive’ employee ownership rules, say tech bosses

A group of 30 European tech startups—including the founders and CEOs of iZettle, TransferWise and Delivery Hero—penned an open letter decrying EU rules that make it costly for employers to give stock options to employees, saying it has caused “a brain drain of Europe’s best and brightest.” In countries such as Belgium, taxes are paid on stock options when they are granted, rather than when employees acquire the shares. That means if a startup fails, employees can end up paying for nothing. (The Telegraph)

    Enter your email to read this article for free

    By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

    Already a subscriber?

    In-depth, agenda-setting reporting

    Great journalism delivered straight to your inbox.

    Briefing

    Panier Bleu’s future uncertain as Quebec government mulls pulling funding

    1Password acquires Kolide

    Waterloo-based Teledyne to supply Ukraine with more than 800 drones

    Best business newsletter in Canada

    Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

    Exclusive events

    See the bigger picture with reporters and industry experts in subscriber-exclusive events.

    Membership in The Logic Council

    Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

    Canada's most influential executives and policymakers are reading The Logic

    • CPP Investments
    • Sun Life Financial
    • C100
    • Amazon
    • Telus
    • Mastercard
    • bdc
    • Shopify
    • Rogers
    • RBC
    • General Motors
    • MaRS
    • Government of Canada
    • Uber
    • Loblaw Companies Limited