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

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3

integrated lecture

Compulsory

none