On November 21, 2020, in the third session of Özyeğin University‘s “Turn Your Idea into a Business: Starcamp” event, our Managing Partner Erdem Mümtaz Hacıpaşaoğlu: co-founder of Vircon Group and Startuphukuku.com: delivered the Startup Law 101 session.
The central thesis of the session was clear: turning an idea into a business begins with setting up the right legal foundation; otherwise issues that grow as you scale will come back to block the product’s progress.
Training scope
The session walked through a full startup-law backbone: from the idea phase to incorporation, founders’ agreements to vesting, intellectual property to employee options, the first relationship with an angel investor to the first SAFE round: framed with concrete examples tailored to university-stage founders.
Practical advice for university entrepreneurship
Mümtaz laid out the corporate decisions, contract templates and fundraising preparation a university-age founder should complete in the first six to twelve months: as a sequenced roadmap.
Highlights from this session
- First step: Entity choice and founders’ agreements
- Core: Vesting, IP, options
- First raise: Angel investor, SAFE
- Roadmap: A 6–12-month plan for student founders
You can watch the full session on YouTube.
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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Startup Law
Incorporation, founder agreements, ESOP, term sheets, regulatory matters.
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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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