Our startup experts bring you valuable insights ranging from fundraising to corporate relations, offering you the best possible practices to consider for scaling your startup. Let’s dive in and learn together!
Pick the fundraising model that suits you
Are you a startup founder who is navigating the complexities of funding your early-stage company? Our head of the startup team in Estonia, senior associate Mirell Prosa, and associate Kevin Piho suggest that traditional equity rounds may not be the best fit for some startups and recommend convertible instruments like convertible loans and SAFEs as flexible alternatives. The instruments allow startups to secure funding without immediately issuing shares, offering benefits for both parties involved.
Raising capital for startups – equity investment
Equity investment is money invested into company by purchasing newly issued shares. In this way, the company receives the financing it needs and the investor acquires the shares and the right to vote as a shareholder. By choosing equity investment for raising money, you should start from an investor deck and move on to the term sheet which will define the most crucial part of any equity investment – valuation. Our partner Toomas Prangli, and associate Eva Lennuk will share tips and tricks to make the whole process as smooth as possible.
Employee share options
Offering share options is a key strategy to attract and motivate top talent. Our head of the tax team in Estonia, partner Kaido Künnapas and associate Kristi Tammiku, emphasise the importance of embracing employees as a way to kickstart your business. Compensating employees through share options offers distinct tax advantages and presents potential cost savings when contrasted with traditional salary payments. You decide the amount of shares given to an employee and how long the employee works for you before the shares can be redeemed.
All about IP
Did you know that intellectual property can be a pivotal asset for your company? Our IP expert, associate Helery Maidlas highlights the potential of copyrights as a pivotal asset for safeguarding software solutions, designs, and other creative endeavors. Copyrights act as a shield, protecting original masterpieces expressed in tangible forms. However, not all intellectual property falls strictly under copyright protection; some are better kept as trade secrets with confidentiality agreements.
Corporate relations
If you’ve ever wondered what are the elements that drive smooth and instinctive management of Estonian companies, look no further – our associate Vladislav Leiri has some quality content to share.
In managing a company, you can’t look past the management board entrusted with day-to-day operations and decision-making. The supervisory board, on the other hand, focuses on strategic guidance, ensuring that management decisions align with the company’s long-term goals. And finally, the shareholders’ meeting, as the highest governing body, has the power to elect and remove board members as well as approve major decisions.
Get in touch
Whether you are a startup looking for solid legal footing or raising capital for your next big idea or an investor interested in new startup ventures, we can craft a solution to precisely meet your needs. Contact us here.
