On 25 November 2016, Mümtaz Hacıpaşaoğlu delivered a “Startup Law 101” training session at Boğaziçi University Entrepreneurship Center (BÜGM): the first in what would become a recurring engagement with the Boğaziçi startup community.
Why Startup Law 101?
The 101 format walked Boğaziçi student founders through the legal essentials of building a startup in Türkiye: from co-founder agreements to first venture round mechanics. Topics covered:
- Founder Agreements: vesting, IP assignment, equity splits
- Incorporation: Anonim Şirket vs Limited Şirket, when Delaware C-Corp matters
- Equity & ESOP design: option pools, cliff/vesting
- SAFE & convertibles: Y Combinator pattern adapted to Türk-incorporated entities
- Term sheet reading: liquidation preference, anti-dilution, board composition
- Common founder mistakes: pre-formation IP, side projects, tax/timing
About BÜGM
Boğaziçi University Entrepreneurship Center is one of Türkiye’s longest-running university-led startup ecosystem hubs, supporting student founders and the broader Boğaziçi entrepreneurship community.
Connect: LinkedIn | bogazicigirisimcilik.com
Source: @StartupHukuku on X (Twitter), November 2016.
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 such as crypto-asset infrastructure, fintech and games, bringing a former startup founder's perspective to every engagement. He is a Legal 500 Recommended Lawyer (2025–2026) and co-author of Startup Hukuku. Canonical profile: https://mumtazhacipasaoglu.com · Open-access legal guides: https://github.com/mumtazhpo
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May 9, 2024Related Practice Areas
Startup Law
Incorporation, founder agreements, ESOP, term sheets, regulatory matters.
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Share transfers, capital increases, board structuring, governance.
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Delaware C-Corp, flip-up structures, SAFE/convertible notes, 83(b).
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