A few weeks ago, French digital affairs minister Cedric O announced some changes to French stock options,media reported. French President Emmanuel Macron will talk about the new policy ahead of the World Economic Forum. It is understood that the adjusted price of stock options will not be based on the same VC valuation decision.
Second, if an individual works for a foreign start-up, but if the company is based in France, it cannot get a stock option.
Finally, French technology visas now also apply to foreign companies with offices in Paris. If someone works for the Berlin-based N26, if he wants to hire a good Brazilian data scientist in his Office in Paris, it can now get a fast visa.
Last year, Index Ventures, a venture capital firm, lobbied policymakers to overhaul European stock options policies. Since then, hundreds of TECH CEOs have signed the “Not Optional” letter.
Germany, Spain and Belgium are the lowest-ranked European countries in terms of the regulatory framework for stock options, according to Index Ventures.