Employee Participation
Vol. #1
Employee Participation
ESOP, VSOP, PPR or cash? How start-ups retain talent without straining liquidity – and how to solve the dry income problem.
Term Sheet
Vol. #2
Term Sheet
What matters in the negotiation: economic rights, control rights and the hot topics from liquidation preference to anti-dilution.
Strategic Advisors & Boards
Vol. #3
Strategic Advisors & Boards
Strategic advisors or advisory board? What each offers, how boards are set up in German start-ups and which governance rules really matter.
From Strategy to Equity Story
Vol. #4
From Strategy to Equity Story
From strategy to equity story: what really convinces investors and which legal pitfalls lurk from the pitch deck to the data room.
Structuring Funding Rounds
Vol. #5
Structuring Funding Rounds
Convertible loan or equity round? How to find the right investor mix and which legal pitfalls come with structuring.
Exit - The Big Payoff?
Vol. #6
Exit - The Big Payoff?
Which exit routes exist, how the cap table waterfall shapes the payout and which legal and personal questions follow.
Convertible Loans
Vol. #7
Convertible Loans
More than just a bridge: how convertible loans replace or bridge rounds, where negotiating pays off and which legal traps loom.