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Dead Duck Law

September 2nd, 2026 •

When I read the information about the new startup law in the media, I didn’t know whether to laugh or cry at first.

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Most read articles

Investor without Micro-Management

October 1st, 2018 •

When dating with prospective portfolio companies, we often get asked about our role in our portfolio companies. How much hands-on are we? Do we interfere in the founder’s decisions? Our reply to that is: “As you wish“.

Due Diligence

December 23rd, 2019 •

Due diligence serves, or should serve, to identify the risks in the company (legal, financial and commercial). However, some investors use due diligence to get an extra advantage and a way not to comply with the terms agreed in the term sheet.

HR

May 5th, 2021 •

Any successful startup sooner or later gets to a situation, where capacity, knowledge and experience of the founders and their initial teams stop being enough and it’s time to tap the talent market. And then comes the surprise.

How to approach an investor

December 15th, 2025 •

Recently, I spotted a founder on social media lamenting that the majority of VC funds he contacted didn’t even reply to the email where he introduced his project. Underneath, there were plenty of comments about how typical this is—that VCs whine about having nothing to invest in, yet they don’t reply to emails. Ugh.

Latest articles

Escape to tax havens

May 28th, 2026 •

Almost every successful startup that is created in the Czech Republic ends up in another jurisdiction. Most often, ownership is transferred to a holding company in the USA, the Netherlands or elsewhere. In the startup community, this is called a “flip of ownership” or “flip-up” for short.

How to approach an investor

December 15th, 2025 •

Recently, I spotted a founder on social media lamenting that the majority of VC funds he contacted didn’t even reply to the email where he introduced his project. Underneath, there were plenty of comments about how typical this is—that VCs whine about having nothing to invest in, yet they don’t reply to emails. Ugh.

YES or NO? Decide quickly and in time!

November 26th, 2024 •

Reflex has opened its next fund R3. It weighs in heavily on the topic of AI, wellness being and other innovative concepts in health, happiness and perception of social issues in today’s world. There’s one blog that didn’t get a chance to finish writing over the summer and even Halloween is over. Pour yourself a glass […]

Show-off

April 29th, 2024 •

I’m not gonna pretend anything, I was trapped too. It felt good to have our company and myself in the media! It boosted my ego, which grew. There are some people who don’t have that, but I see it in most founders around the age of 30 and let’s be honest – everyone is a bit of a narcissist.

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