Jörn "Joe" Menninger
speaker
1,749 appearances
8 recordings
1 series
first heard May 2026
last heard 13 Aug
Jörn "Joe" Menninger’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 8 in all, peaking in Jun 2026 with 3.
Appearances
Pulling the mechanism together.
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This is Statebradius synthesis of the evidence above.
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Four recommendations.
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One.
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Treat scale ups as training institutions.
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When a European scale up succeeds, the ecosystem does not just get one successful company, it gets a training institution for future founders and operators.
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Policy should be designed to keep the alumni of successful scale ups in region and the capital in region because both of those inputs feed the compounding effect.
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Two.
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Finish the employee ownership reform job across Europe.
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Germany's Future Financing Act was a good step.
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Not optional identifies seven European countries that now match or beat your stock option policy.
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That means the majority of European countries still does not.
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Finishing the pan-European alignment of employee stock option regimes through something like a
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Uh
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EU SOP or 28th regime for European equity is one of the most direct policy levers available to increase the rate of capital recycling.
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When more employees realize value from their options, more of them become angels and founders, and it's a compounding effect.
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Three.
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Support secondary liquidity mechanisms.
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Not because they will single-handedly solve the recycling problem, but because they materially shorten the time between when an employee gains scaling experience and when that employee is in a position to fund the next generation.
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Framework that supports secondary tender offers both at company level and at investor level is
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Showing 281–300 of 1,749 · page 15 of 88
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