So, 4% of 5 billion is better than having 50% of 100 million.
A very generous Stock Option Pool that I gave to 200 people. In the end, we distributed 300-400 million to about 200 people.
I've been told it was, and still is, the largest deal for a tech start-up in Europe.
He is Federico Marchetti, and in 2000, he founded Yoox, a clothing e-commerce platform.
It sells luxury clothes, shoes, bags, and accessories. In 2009, it went public with a valuation in the hundreds of millions of euros, and nine years later, in 2018,
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