What Founders Want The larger the size of a company’s employee base, the more that founders care about The larger the size of a company's employee base, the more that founders care about regulatory changes related to regulatory changes related to hiring flexibility and stock options. hiring ðexibility and stock options In your opinion, what is one regulatory change that would have a materially positive <=10 impact on the prospects of your business? LEGEND Tax Regulatory Support for Startups 11-100 Data Protection or Access Hiring Flexibility Capital Support Banking, Payment 100+ EU Harmonization Stock Option Deregulation 0 10 20 30 40 50 60 70 80 90 100 % of respondents Note: Founder respondents only. Based on respondents that gave Source: explicit responses only The goal for policymakers should be to use the tools at their disposal to tackle fragmentation and reduce the cost and bureaucracy associated with starting and scaling businesses in Europe. “ The goal for policymakers should be to use the tools at their disposal to tackle fragmentation and reduce the cost and bureaucracy associated with starting and scaling businesses in Europe. However, as we look towards the next EU Commission and new legislative proposals which may follow, regulators need to better understand the impact of the changes they propose and find new ways to engage with founders at very early stages, many of whom are understandably Linda Griffin unfamiliar with the world of policy. Equally European tech companies King (of all sizes) need to engage in policy discussions if they are interested in long-term growth.” 101 In Partnership with & www.thestateofeuropeantech.com