Start-ups, venture and private equity funds are the most interesting economic actors for me. This is because they offer a glimpse into an economic future based on creativity, the courage to start your own business, the freedom to make your business dreams come true and, above all, the ability to take increased risks. I'm happy to be part of this creative ecosystem, whether through transactional legal advice to founders, investment professionals or UBOs, or by founding my own legal-tech start-up for online B2C legal services.
jaroslav.baier@havelpartners.czArticles by the author
Everything you need to know about ESOP (Part 5) – Taxes and ESOPs in venture capital
In respect of business and corporate structure, it is essential to constantly monitor and evaluate the impact of tax policy on the various aspects of corporate decision-making. One of the key tools that is gaining popularity in the Czech Republic is the ESOP system. Although ESOPs can provide many b
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
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