News Summary

• Kevin Durant and his business partner invested $250,000 in Hugging Face's early rounds.
• His payout is reported at around $60M if Nvidia’s $12.9B acquisition completes.
• Employees at late-stage European startups own roughly 10% of their companies against 20% in the United States.
• Two thirds of European option grants go to executives and a third to everyone else, which is the reverse of the American pattern.
• The proportions are what make it a story anywhere.