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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.

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You’re on your own

August 3rd, 2022 •

I didn’t get it before either. I had an investor, a co-shareholder, a partner in my company. I put everything I had to the company. All my time, all my money. I pledged my house, gave up my salary. But in hard times, it was not enough. I went to my investor, and I expected them to provide some much-needed money, because he had the cash. And he surely wants to save his previous investment, right?

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.

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.

Latest articles

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.

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.

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