micaseries

MiCA is not relevant for my company. Or is it? #2

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.

micaseries

MiCA is not relevant for my company. Or is it?

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.

Startups

Is becoming a unicorn really all what it takes? The entrepreneurial zoo of Europe and beyond

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.

Startups

Starting a business in Estonia, made easy

We receive a lot of enquiries about opportunities to set up companies in various countries around the world, so we decided to present some of the possibilities. Since Estonia is a particularly popular destination, we will first briefly summarise and share with you the most important things you need to know about Estonia.

Startups

Cégalapítás Észtországban, egyszerűen

Sok megkeresés érkezik hozzánk különböző külföldi országokban történő cégalapítási lehetőségekkel kapcsolatban, ezért úgy döntöttünk, hogy mivel különösen nagy népszerűségnek örvend Észtország, így elsőként a legfontosabb észt tudnivalókat foglaljuk össze röviden és osztjuk meg veletek.

Other

Read All About It!

Read all about it! The what, where, when and whys of publishing. Reading, food for thought? Read along and decide yourself!

Other

5+1 companies we could do with their help around Christmas

Now that the holiday season is upon us, we could not be more excited than we are. But, we also know that this is not always the easiest time either. So we decided to help you by collecting 5+1 companies that could help us to achieve the perfect holiday season. Read our article and get inspired.

Other

5+1 memorable partner successes

What really measures success is debatable. We have taken a look at the businesses around us and selected 5 + 1 outstanding awards that these companies have received recently.
Read our article and remember, time to time it is worth pausing for a moment to appreciate what you have achieved.

Fintech

Direct listing is the way to go public for FinTech companies – or is it?

In the case of a private FinTech company with an ambition is to go public, picking the right time to do so is one of the most important decisions. But it doesn’t stop there. An other question rise, which route should you choose with the variety of options available nowadays? Read the article to get some insight information.

Other

Work-life integration and work-life fusion

Why did we choose the old school term ‘work-life balance’ as last weeks’ topic?
And what is work-life fusion and integration?
Read our article to understand all that integrated lately in our lives.

Other

Our people – Agnes

This time our interviewee is Agnes Goher, our Legal Services Representative. She will talk about how both law and art can be part of one’s life.

Other

Our People – Dora

Our third interviewee is Dora Kadar, our Nordic assignee. You have already had a glimpse of how versatile we are, I can assure you, Dora is no different. Enjoy reading about us once more.

Other

Our People – Andras

This time we interviewed our beloved colleague, Andras Szabo, the CEE assignee at KassaiLaw. Welcome him.

Other

Our People – Eszter

This piece is the first of four interviews with some of our beloved colleagues talking about the increased challenges lately in work-life balance.
Welcome our first interviewee, Eszter Seregely, the Creative & Concept expert at KassaiLaw.

Other

5 of our favourite green companies

A company that doesn’t pay attention to sustainability doesn’t have a future nowadays, it is a fact. Luckily, there are companies which are not just taking care of sustainability, but also building our future while serving this very important cause. Let us introduce 5 of our favourite young tech companies, who see it as their mission to make our planet a better place.

Other

The hidden history of programming

If we asked you to think of a typical programmer, what picture would you have in your mind? Yes, you’re probably picturing a socially awkward person in a darkened room. What if I told you it hadn’t always been this way? Read our article about the hidden history of programming, get facts might change your ideas of this field.

Gaming and esports

Game Boy: the hilarious story of gaming in the cold war

Did you know that Tetris, the actual breakthrough in Game Boy was developed by a Russian coder and that Nintendo in Japan fought for years to finally get it? Who would have thought that the tale of how the Game Boy became the most popular handheld gaming system is like a funny soap opera. Read and enjoy our newest article on this exciting story.

Other

5 wonder women in tech who inspire us

We have always been greatly inspired by women led organizations who work for diversity day in day out. Providing more access to tech for women is more than crucial in better balancing these fields and it plays a huge part in breaking down the existing boundaries.

Other

Shape it if you can’t fake it – Part 2

Here is my secret of how to create a 21st century company culture in law that will make you like Mondays as much as I do, since I couldn’t stress more strongly: “it’s not Mondays that suck, it’s your job.”

Other

Shape it if you can’t fake it.

“Wow, you are not a typical lawyer!” Thank you, I take it as a big compliment. In a nutshell: I have my reasons. Let’s see how it all began… 🙂

Other

Diversity – still a long road ahead

Can we call it diversity, when in most tech conferences, the gender ratio is way off – in the favor of men? Truth be told, the world seems to be all talk, not enough action, when it comes to the topic of including more women in tech.

Artificial Intelligence

Asimov’s laws: do they work in modern robotics?

Have you heard about Isaac Asimov and his famous Three Laws of Robotics, those basic principles to assure friendly robot behaviour? Decades have passed since he wrote them, but we can still find references to these ground rules in modern law. Let’s find out whether Asimov’s safeguards have stood the test of time.

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.