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by robk
2248 days ago
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In the UK or USA I can setup a company in a few days and generally legals for a Seed round wouldn't really ever exceed $25k. In Germany there's far far more hassle sadly, German language capability is a must and the notary requirement creates enough inertia I'd rather just never deal with a GmbH unless it's absolutely necessary. One of our deals required reading legal documents out loud in person for 3 hours - that's just not really feasible as an investor at scale. |
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