Riparbelli: European startup employees still view stock options as lottery tickets
Victor Riparbelli · Victor Riparbelli, CEO @Synthesia: OpenAI vs Anthropic vs X.ai - Who Wins and Why | E1246 · 20VC with Harry Stebbings · Jan 15, 2025 · at 57:57
Victor Riparbelli, CEO of Synthesia, discusses why European startup employee retention and compensation culture differ from Silicon Valley.
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“In Europe, I think people, again, for good and for better and for worse, right? I think people are, they think less like that, right? As you of course know, like stock options in Europe, people still view it as like, A random lottery ticket, not really as part of their compensation. And because no one in Europe knows anyone who got rich off working in a startup because we don't have that many successes here.”
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