{"id":43826,"date":"2019-12-04T13:06:10","date_gmt":"2019-12-04T11:06:10","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/dos-and-donts-in-negotiations-with-venture-capital-investors\/"},"modified":"2019-12-04T13:06:10","modified_gmt":"2019-12-04T11:06:10","slug":"dos-and-donts-in-negotiations-with-venture-capital-investors","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/dos-and-donts-in-negotiations-with-venture-capital-investors\/","title":{"rendered":"DOs and DON\u2019Ts in negotiations with venture capital investors"},"content":{"rendered":"

Mauritz von Einem<\/strong> \u2014 Attor\u00adney at Law and Tax Advi\u00adsor ARQIS Attor\u00adneys at Law, Munich<\/p>\n","protected":false},"excerpt":{"rendered":"

Start-ups and compa\u00adnies in the growth phase are depen\u00addent on finan\u00adcing from exter\u00adnal capi\u00adtal provi\u00adders. Due to the special risk profile, such finan\u00adcing will regu\u00adlarly be struc\u00adtu\u00adred as equity \u2014 or by means of equity-like finan\u00adcing instru\u00adments. Despite funda\u00admen\u00adtally diffe\u00adring inte\u00adrests, the lender and the borrower should have the common goal of being relia\u00adble \u201cpart\u00adners\u201d and of jointly leading the company to success with concur\u00adrent inte\u00adrests. In prac\u00adtice, howe\u00adver, it can often be obser\u00adved that even in the early stages of the finan\u00adcing rela\u00adti\u00adonship, the success of the company and a prospe\u00adrous coope\u00adra\u00adtion are often unneces\u00ads\u00ada\u00adrily jeopar\u00addi\u00adzed by inap\u00adpro\u00adpriate legal and commer\u00adcial arran\u00adge\u00adments and requirements.<\/strong><\/p>\n

At first glance, the inte\u00adrests of inves\u00adtors \u2014 whether busi\u00adness angels, family offices or VC funds \u2014 and finan\u00adcing reci\u00adpi\u00adents (founders\/entrepreneurs) are diffe\u00adrent. In order to estab\u00adlish a synchro\u00adniza\u00adtion of diver\u00adging inte\u00adrests, exten\u00adsive contrac\u00adtual arran\u00adge\u00adments are typi\u00adcally made \u2014 the most obviously important aspect for estab\u00adli\u00adshing a common deno\u00admi\u00adna\u00adtor is the inves\u00adtor\u2019s parti\u00adci\u00adpa\u00adtion in the finan\u00adcial success of the finan\u00adced company.<\/p>\n","protected":false},"featured_media":28120,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2463,2479],"product_tag":[1465,1538,1539,1549],"class_list":{"0":"post-43826","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-fyb-2020-en","8":"product_cat-dr-mauritz-von-einem","9":"product_tag-venture-capital-fund","10":"product_tag-venture-capital-en","11":"product_tag-arqis-attorneys-at-law","12":"product_tag-mauritz-von-einem-en","13":"pa_ausgabe-deutsch-en","14":"pa_ausgabe-englisch-en","16":"first","17":"outofstock","18":"taxable","19":"shipping-taxable","20":"purchasable","21":"product-type-variable"},"yoast_head":"\nDOs and DON'Ts in negotiations with venture capital investors - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/dos-and-donts-in-negotiations-with-venture-capital-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DOs and DON'Ts in negotiations with venture capital investors - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Start-ups and companies in the growth phase are dependent on financing from external capital providers. 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