Startup company in Poland

Recently, in almost every corner of the Internet, many people have been discussing the new product of Open AI. As the company points out, they trained a model called ChatGPT that interacts with users in a conversational way (in the form of a chat). The dialogue format allows ChatGPT to answer additional questions, admit mistakes, question false premises, reject inappropriate requests, etc. This product has been hailed as a revolution and a milestone in the development of artificial intelligence (AI).

More and more often I encounter disputes in the IT industry. This shouldn’t be surprising. The ever-growing IT market must bring with it more and more court disputes. They usually concern issues related to the implementation of IT projects or contracts for the provision of IT services. Each court dispute is not only a time-consuming and costly matter, but also a risk of losing the reputation and trust of clients. In practice, every IT project raises a significant risk of litigation. In this article, we will provide best practices for IT contractors to prepare for a dispute.

Contracts are most often thought of in the context of their contents. However, it’s good to think about some kind of exit plan right away. It is worth taking care of how the contract can be terminated. Both parties usually find out about the defects of contract termination clauses too late, i.e. when they want to terminate such a contract. How to approach this topic so that, on the one hand, you can secure your interests well, but on the other hand, so that the contract is not too flexible.

In the realities of the third decade of the twenty-first century, the use of the services of an IT specialist is becoming an integral part of running almost any business. Each such cooperation should be based on a professionally prepared contract adapted to the provisions of law in force in a given country. In my article I describe what you should consider when negotiating an IT contract with a Polish entity and I indicate the most important provisions of such agreement.

In an era of exponentially growing demand for experienced specialists in various fields, access to developers, digital marketers, lawyers is crucial for gaining and maintaining a competitive advantage in the market. However, when professionals start to become scarce, companies look for a way to ‘poach’ such an employee from their rivals. We explain what employee poaching is, whether it is legal and, above all, how to effectively defend against it.

Running a business and remaining competitive on the market, requires tight security on a lot of important data. Unfortunately, not every market player is honest enough for you to feel secure without any additional safeguards. Therefore, it has become standard practice to sign non-disclosure agreements when signing contracts. In my article I will show you what exactly a non-disclosure agreement is, describe how it should be structured and also answer the question what can happen if you do not sign such an agreement.

Private Equity funds consist of medium- to long-term investment in the development of private companies not listed on public markets. Listed companies can be subject to Private Equity only exceptionally, and the operation then consists of delisting them from the stock market.

Starting a business usually requires originators to obtain an external source of financing to allow market expansion. For young companies, leasing or credit are unavailable or financial institutions grant them on unfavourable terms. Business Angels, but also Venture Capital funds can be an alternative. Let’s take a look at the last of these. How to get VC funding?

Startups are a business model that very often relies on the knowledge of qualified staff. However, it does not always have enough capital immediately to be able to offer key employees attractive remuneration. One mechanism to motivate professionals to work harder and commit to the business is share vesting. What does this solution consist of?