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ARTICLE · 15 DECEMBER 2016

5 Legal Pitfalls For High Potential Start-Ups

Mason Hayes & Curran LLP
Mason Hayes & Curran LLP
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Mason Hayes & Curran LLP

Mason Hayes & Curran LLP

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The global technology sector is experiencing considerable growth at present. Companies like Uber, AirBnB and Spotify, that were start-ups only a few years ago, are now reaching the status of 'unicorns'...

IrelandTechnology
Philip Nolan
Philip Nolan
Mark Adair
Mark Adair
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The global technology sector is experiencing considerable growth at present. Companies like Uber, AirBnB and Spotify, that were start-ups only a few years ago, are now reaching the status of 'unicorns', having a valuation of €1 billion or more. In Ireland, government and state agencies and the various incubators and accelerators are providing vital support to entrepreneurs to help grow the tech sector. It can be tempting for a high potential start-up ("HPSU") to prioritise its service offering over governance and compliance. This is one of the most common mistakes we see. We examine five common legal mistakes and suggest practical ways that scaling HPSUs can identify them early and overcome them.

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