The Cap Table Autopsy: Seven Real Disasters and What They Teach
From the vested-nothing ghost founder to the uncapped SAFE stack: seven real cases that wrecked ownership structures, and the lesson each one teaches.
From emerging regulation to deal mechanics, we write about the questions founders and investors actually ask — practical analysis you can put to work.
From the vested-nothing ghost founder to the uncapped SAFE stack: seven real cases that wrecked ownership structures, and the lesson each one teaches.
Members vs shareholders, options and vesting, double taxation vs pass-through flexibility, QSBS and the foreign-founder trap — the C-Corp/LLC decision explained.
100% foreign ownership, A.Ş. vs Ltd., the 2026 capital deadline, MERSİS, banking reality, work permits and the mistakes to avoid — a practical 2026 guide.
Short answer: The omnibus law dated 4 June adds Provisional Article 19 to Corporate Tax Law No. 5520, introducing a …
A new omnibus law (Official Gazette, 4 June 2026) lets Teknogirişim-badge startups run convertible-debt conversions outside the Turkish Commercial Code’s conditional-capital-increase regime. A real step toward making SAFEs work in Türkiye — but not the finish line: the procedure is unwritten and a criminal-law question remains.
Last weekend, at the 5th International Ankara Brand Meetings organized by the Ankara Chamber of Commerce, Vircon Legal was represented …