Venture Capital
On 17 January 2025, the DORA came into force, bringing major changes to financial market cybersecurity.
Everything you need to know about ESOP (Part 4) – Standard (equity) ESOP in venture capital
Remember the huge Silicon Valley tech boom of the 1990s? Many startups transformed into giant corporations, while ESOP was one of the key tools they used to support their growth. This model, where employees get a real stake in the companies they help grow, is not new. But how does this traditional,
Everything you need to know about ESOP (Part 3) – Virtual ESOP in venture capital
Virtual ESOP in the Czech Republic, or when shares remain in the shade. Imagine a world where you can offer employees a share in the company’s success without having to become actual co-owners. A world where remuneration is transparent and performance-based, but without a complex share transfer proc
Everything you need to know about ESOP (Part 2) – Basic concepts in venture capital
The history of companies, especially those that have changed the world, is full of stories of employees who became millionaires thanks to shareholdings in the company. An example is Microsoft, which generated approximately 12,000 millionaires in its first ten years. How did they achieve this success
Alternative investment funds under Section 15 of the ICIF Act as an alternative for joint investments in venture capital
AIFs have become popular especially in the venture capital industry because of the minimum regulatory, financial and administrative requirements for establishment and subsequent operation. The point is that alternative investment funds are not subject to robust regulation and supervision by the Czec
Everything you need to know about ESOPs (Part 1) – Outline of the issue not only from a legal perspective
ESOP, option share, virtual share or share option plan - have you heard these or similar terms in the start-up world? These terms probably sound familiar to any founder, employee or investor, but do we really know what lies beneath them? Is it a shareholding in a company, a share in the profits, or
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