German startup woes: mandatory 90-page contract read costs €30k
tekbog · x · 2026-08-29
A German founder confirmed that stories about the country's challenging startup environment are understated. He recounted spending a full day having a notary read a 90-page investment contract—a mandate under German law (§ 13 BeurkG)—which cost €30,000. Unsurprisingly, his second company was not incorporated in Germany.
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