Blog – Eduard Míka

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.

Startups, assembly plants and corporations

April 20th, 2024 •

It is said that creativity, innovation and entrepreneurship are the engines of economic development and the future prosperity of any country depends on them. In all neighboring countries, this seems to be the case, but not here.

The investor is not a patron

April 10th, 2024 •

Every investment transaction is essentially a bet on the person of the founder and their vision. There is usually nothing else in a startup.

Contracts

August 10th, 2021 •

Nobody likes to read contracts (except myself, but other people have weird hobbies too, right? … someone keeps poisonous spiders, I read contracts). Tens of pages of boring text and contrived sentences, written in a language few understand.

Why startups fail

August 3rd, 2021 •

Every day, hundreds, if not thousands of startups, are founded. Most of them won’t make it into a real company. Often not because there was not a good idea at the beginning or the customers did not want to buy the product or service. The reasons are often quite prosaic.

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