Venture Capital
The German initiative WIN, backed by the government and over 30 major companies, pledges a €12 billion investment into startups by 2030. The goal is to boost innovation and competitiveness within Germany and Europe. This program opens new opportunities also for Czech and Slovak startups that can ben
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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