Spearheaded by Index Ventures and supported by more than 700 CEOs, the Not Optional campaign is spurring policymakers across Europe to reform outdated rules and regulations that limit employee ownership.
We recently reported on new analysis by Not Optional which found that over the past six years, the 2017 average of 12 percent of European employee ownership has climbed to 16 percent.
Not quite the 20 percent still enjoyed across the pond, but a 4 percent increase is better than a no percent increase, and figures continue to go up.
Looking at 2021 and 2022 numbers, years that saw the crowning of 124 new venture-backed unicorns, the increase in percentage equates to some €5+ billion more that’s been put into the hands of European startup employees.
We had a catch-up with Dominic Jacquesson, VP of Insight and Talent at Index Ventures, to learn more about the campaign and the report that was released last week, and what will need to happen to keep up the momentum.