An option is a contract that gives you the right to buy a number of effects, such as shares or (often) depositary receipts, within a certain time for a predetermined price. This is especially valuable when the shares increase in price. The employee will be able to buy them for the predetermined (lower) price and will at the moment of acquisition already gain a certain value.
Amsterdam-based social enterprise Share Council, a FinTech startup focused on “closing the capital wealth gap by making every SME employee co-owner”, announced on Tuesday that it is proud to have raised over €1M in funding from The Sharing Group (known from MyWheels & Mijndomein) and a network of strategic angel investors. Share Council is build on the premise of “everyone a co-owner”, hence the last 100k of stock is now publicly coming available, see sharecouncil.co/investRead more
Just 5 Million EU employees own equity in the company they work for. This creates a staggering divide and it leaves Europe behind in the race for global talent.Read more