'BSA' Tag

  • My personal crib sheet for equity incentive instruments in French startups

    June 2, 2016

    As venture investors, we favor equity compensation in our portfolio companies for two primary reasons: i) improved alignment between employees and shareholders toward company success; and ii) the affordability of employing strong, driven people without an unwieldy up-front cash outlay. For investors unfamiliar with the intricacies of French regulation, granting equity in a French startup […]

  • Employee equity grants in French startups (aka, did the tax authority poach my spreadsheet?)

    September 9, 2014

    One major inconvenience in VC investing in French startups which consistently raises its ugly head is the complexity to incentivize key personnel with equity. I’m not referring to the employees who eschew the upside potential afforded by equity in favor of fixed pay with high job security. While certainly understandable at certain positions in a […]