Our Managing Partner Erdem Mümtaz Hacıpaşaoğlu joined an H+ Dergi webinar dedicated to U.S. investment law and the opportunities and legal requirements it creates for Turkish startups. The session was structured around the practical questions a Turkish founder needs to answer before opening a U.S. fundraising conversation.
The central thesis of the webinar was clear: U.S. capital is available to Turkish founders, but only at the price of meeting U.S. investors in a structure they already know — not negotiating a custom-shaped vehicle from scratch each time.
Why a U.S. structure changes the conversation
Mümtaz walked through how a Delaware holding alongside a Turkish operating entity changes the legal and commercial dynamic of a fundraising conversation: standardized share class architecture, well-understood SAFE and convertible documentation, 83(b) elections, stock option plans that engineers actually recognize, and an entity that a U.S. board can govern under familiar fiduciary doctrines.
From legal architecture to commercial result
The webinar closed on the commercial point: a clean structure narrows the price-negotiation surface to the company itself. When the structure is familiar, the conversation between founder and investor moves from “how do we even document this” to “what is the company worth” — which is the conversation a founder actually wants to be having.
Author
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View all postsMümtaz is the Managing Partner of Vircon Legal, which he founded in 2016. He advises founders, investors and operators on financing rounds, M&A, cross-border incorporations and regulated verticals — including crypto-asset infrastructure, fintech and games — bringing a former startup founder's perspective to every engagement.
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August 14, 2025Related Practice Areas
Startup Law
Incorporation, founder agreements, ESOP, term sheets, regulatory matters.
View service →US Company Formations & Flip-Ups
Delaware C-Corp, flip-up structures, SAFE/convertible notes, 83(b).
View service →Corporate Law
Share transfers, capital increases, board structuring, governance.
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