Paulina Ślisz-Sandecka in an interview with Forbes.pl

26 Oct 2022

Why does a startup need a lawyer? Why is it so important to negotiate the term sheet in the presence of your own lawyer? What happens when a start-up fails? How do you make a good exit today – from the point of view of a start-up? Magdalena Gryn from Forbes Polska asked many questions, which were answered by Paulina Ślisz-Sandecka from Ślisz-Sandecka Kozioł & Partnerzy Law Firm.

Funds often provide for themselves the option of exit or liquidation preference, which means that when exiting the investment or liquidation – the financial contribution increased by a given percentage will first go to the fund, and only then to the founders. Well, but you know, from an empty one and Solomon will not pour. If the company’s balance sheet is zero or negative, it turns out that the founders have obligations to pay back, points out Paulina Ślisz-Sandecka. 

The answer to the question why a million is not money that allows you to quit your job, and all the rest, you will learn by reading the article on Forbes.pl

 

 

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