Legal and financial characteristics of start-ups

1.Semester Master: 1. Study cycle

The students:
• know the particularities of raising capital in start-up situations
• can classify and interpret different exit scenarios of investors
• are able to assess contractual situations with stakeholders
• understand the scope and risks of contractual components
• can outline capital market law interrelationships

1. Semester: No information

• Options for raising capital in start-up situations
• Overview of different exit strategies of investors (e.g. IPO, buy-out, secondary buy-out, trade sale, etc.)
• Fundamentals of contract law peculiarities and liability risks
• Fundamentals of capital market law
• Start-up as a strategic add-on for corporates

Artner, S. & Kreutzer, K. (2019) Startup Investing: Praxishandbuch für Investorinnen und Investoren, Wien.
Hahn, C. (Hrsg.) (2018) Finanzierung von Start-up-Unternehmen: Praxishandbuch für erfolgreiche Gründer: Finanzierung, Besteuerung, Investor Relations, Wiesbaden.
Hahn, C. (2015) Der Beteiligungsvertrag: Ein Überblick für Start-ups und Investoren, Wiesbaden.
Offenburger, O. (2017) Patent und Patentrecherche: Praxisbuch für KMU, Start-ups und Erfinder, Wiesbaden.
Schnedler, J (2017) Startup-Recht: Praktischer Leitfaden für Gründungen, Unternehmensführung und -finanzierung, Heidelberg.
Wöltje, J (2019) Finanzierung für Start-ups und junge Unternehmen: Businessplan, Preiskalkulation, Finanzierungsmöglichkeiten, Freiburg.

• Module exam (Corporate law specifics (AUT/CEFR), IT law, legal and financial specifics of start-ups)

German

2

0

1.0

• The course, which is mostly dialog-oriented, usually consists of the triad of practical relevance, academic structuring, and the independent development of integrative case studies from immediate professional and consulting practice.

1

Director of studies

1

3

integrated lecture

Compulsory

none