If 2023 was the year of AI, 2024 was the year of the AI Act. The EU’s regulation, widely regarded as a landmark piece of legislation, is the first comprehensive law on artificial intelligence.
The AI Act is here! But is it here for you? A guide to the AI Act’s dates of application Read More »
As the date when the Markets in Crypto-Assets Regulation (MiCA) becomes fully applicable quickly approaches (30 December 2024, in case you forgot to mark your calendars), one of the most important questions is how it will affect companies already conducting crypto-asset-related services.
Are You Ready for MiCA? – The Grandfathering Period Explained Read More »
In the last few months, since it came into force, the Markets in Crypto-Assets Regulation (MiCA) has been a major topic of discussion in the European crypto industry.
Staying Ahead in the Digital Age Read More »
In the last few months, since it came into force, the Markets in Crypto-Assets Regulation (MiCA) has been a major topic of discussion in the European crypto industry.
How to prepare to make the transition to MiCA easier Read More »
23. April 2024 at 15:00 CET Metaverse event Game of Crypto Thrones Global Debate on Regulatory Approaches to Crypto-assets Come join us in the Metaverse for a stimulating global debate featuring crypto companies from around the world as we delve into the intricacies surrounding MiCA and other regulatory frameworks. Gain insights from financial, legislative, and
Metaverse Event – Registration Read More »
Ever since the word ‘unicorn’ was first coined by Aileen Lee in 2013, the main goal of privately held startups has been to become this mythical animal. The term was chosen to represent the statistical rarity of such success because, to achieve the status of a ‘unicorn company’ its value has to reach over $1 billion just within their first decade of operation.
The European Union’s Market in Crypto-asset Regulation (`MiCA`) was preceded by long legislative efforts to create a comprehensive system of regulation to finally conclude the unresolved issues of crypto industry in Europe.
MiCA is not relevant for my company. Or is it? #2 Read More »
The European Union’s Market in Crypto-asset Regulation (`MiCA`) was preceded by long legislative efforts to create a comprehensive system of regulation to finally conclude the unresolved issues of crypto industry in Europe.
MiCA is not relevant for my company. Or is it? Read More »
Ever since the word ‘unicorn’ was first coined by Aileen Lee in 2013, the main goal of privately held startups has been to become this mythical animal. The term was chosen to represent the statistical rarity of such success because, to achieve the status of a ‘unicorn company’ its value has to reach over $1 billion just within their first decade of operation.
Tech Lawyers in the makingEventand Award ShowDate: 27 November 2023 at 18:00 Private event Our “Think like a CEO” Competition has come to an end.Come join us in the Metaverse to celebrate in a virtual setting the work you all invested, regardless of result.After a mini-panel discussion – where the focus is on the legal relevance of
Think like a CEO – Registration Read More »
Exciting developments
are underway at Kassailaw!
Our team of legal and technology experts is hard at work, preparing to launch a new and innovative way to access information and knowledge. This interactive platform will provide an immersive and engaging experience and we’re eager to share it with you.
Stay tuned!
🔥💡💻
“Is your team the dream team? How much percentage should each founder get?” One of the core ingredients to success is the right team with complementing skills and personalities: early stage investors (and business partners too, by the way) will invest in the team, not the idea. Our goal is to guide you in building a strong and well-functioning team, as well as help you uncover potential friction points or weaknesses in the team, so that you can address them in the very beginning. When it comes to the fair split with your co-founders, if you need a reference point, or just want reassurance, we have developed our own tool for equity split calculation. Hint: the one answer that’s certainly wrong is a hasty 50-50 split.
You have spotted a problem and found a viable solution – in other words, you have your idea. What’s the next step? You need to make sure that the problem your business is trying to solve is a valid problem for a wide enough group, and that
Are you sure that the problem your business is trying to solve is a valid problem for a wide enough group?
When you spot a problem and think you have found a viable solution to create a business around, it’s all too easy to get excited and jump straight into ideating a solution.
Avoid making something and then hoping people buy it when you could research what people need and then make that.
It doesn’t make any sense to make a key and then run around looking for a lock to open.
There are many ingredients in the recipe for creating a successful startup, but most certainly whatever you read and wherever you go, one of the first pieces of advice is going to be to do your homework properly regarding the validation. You have to validate both your problem and your solution to be able to define the perfect problem-solution and later on the product-market fit. If you manipulate your future customers into liking your solution or do not reveal all the aspects and layers of a problem you identified, your idea can easily lose its ground and with that the probability of it surviving and actually being turned into a prosperous business. Let us know if we can help at this initial but yet super-important stage.
Validation is the first step in moving towards learning more about the problem you are ultimately looking to solve.
Finding your unique value proposition is only possible if you take a thorough glance at your competitors. The world of tech is highly competitive, particularly so when you operate in a field with low entry barriers, you need to carefully examine and regularly update the news and developments of those companies who act in the same field and market. This might lead to several pivots for you if necessary, because you can significantly increase your chances of success if you can offer a—at least in some aspect—unique solution to your customers. The introduction as “we are like Uber/Snapchat/WeWork/Spotify, only better” is hardly sufficient in most cases. Unless you really are so much better, but then you need to know that too, so up the competitive analysis.
