from Gergely Orosz | by Gergely Orosz

Hashicorp’s IPO will be another great outcome for… the European tech scene. Yes, that one. Hashicorp hired engineers in the UK, Netherlands and Germany, issuing generous stock packages. Which stock will turn liquid, and we might see some EU startups off the back of this exit. t.co/tgVSiDZBYg

US startups who issue generous equity when hiring in Europe keep having an outsized - positive - impact on the EU tech ecosystem. As many EU startups don’t do so, their exits benefit founders and investors, rarely employees. The importance of equity: t.co/WxQ9pQh2mY

Of course, this IPO will be great for all Hashicorp employees, and the tech ecosystem in general, I just wanted to call put the EU impact. It’s a validation that engineering-focused, remote-first companies have a great future. Like @mobile__dev and others starting out!