Christian Kalbfus-Dali

Beirat für Startups #34 Ein Beirat kann grundsätzlich für Startups von großem Vorteil sein. Wie immer, ist es eine Entscheidung, in der es auf den Einzelfall ankommt. 🛣 Einige Gründe hierzu behandele ich wöchentlich in meiner Beitragsreihe : Zum letzten Post der Reihe: https://lnkd.in/dfQsdEuf The Benefits of a Biotech Advisory Board 🧪🔬 As a leader in the biotech industry, I'm excited to share the advantages of having a strong advisory board with expertise in biotechnology. 💡 Cutting-Edge Insights 🔍 An advisory board composed of seasoned biotech professionals can provide invaluable, up-to-date insights into the latest industry trends, technological advancements, and regulatory changes. Their deep knowledge and experience can help guide your strategic decision-making and ensure your company stays ahead of the curve. 🧠 Specialized Expertise 🔬 Biotech advisory board members bring a wealth of specialized expertise across various disciplines, such as drug development, clinical trials, regulatory affairs, and commercialization. Their diverse backgrounds can help you navigate the complex and ever-evolving biotech landscape more effectively, ultimately driving your company's success. 🧪 Networking and Connections 🤝 A well-connected biotech advisory board can open doors to new partnerships, collaborations, and funding opportunities. Their extensive industry networks can introduce you to key stakeholders, potential investors, and strategic partners, expanding your reach and unlocking new avenues for growth. 🌐 Credibility and Validation 👍 Having respected biotech experts on your advisory board can significantly boost your company's credibility and validation in the eyes of investors, regulatory bodies, and potential partners. This can be particularly valuable when seeking funding, navigating the regulatory landscape, or engaging with industry leaders. 🏆 Objective Guidance 🧭 An advisory board provides an outside perspective and objective guidance, which can be invaluable in navigating complex business decisions. Their impartial insights can help you identify blind spots, mitigate risks, and make more informed choices that align with your company's long-term goals. 🧠 By leveraging the expertise and experience of a biotech advisory board, you can unlock a competitive edge, drive innovation, and accelerate your company's growth in the dynamic biotech industry. 🚀 #advisoryboard #board #scaleup

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💪Empowering Founders: Navigating the Complexities of Financing (I enjoyed talking about this with Für-Gründer.de!)😍 As a passionate advocate for founders, I find immense joy in supporting them on their entrepreneurial journeys. Too often, we neglect to pause and reflect on the profound ramifications of the decisions we make, particularly regarding financing. Choosing the right form of financing isn't just about securing capital; it's about understanding the broader implications for the cap table, founders, team dynamics, branding, and the pace of growth. Each decision carries its own set of opportunities and challenges that must be carefully considered. From bootstrapping to venture capital, each financing option shapes the trajectory of a startup in unique ways. By understanding these nuances, founders can make informed decisions that align with their long-term vision and values. Let's engage in meaningful conversations that delve into the intricacies of financing, ensuring that every choice empowers founders to build resilient and impactful ventures. Together, let's navigate the complexities and pave the way for success. #FounderSupport #FinancingStrategies #EntrepreneurialJourney #startup #entrepreneurship #venturecapital @ XAnge

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#doktorIP recommended read (in German language only) for anyone interested in German #tradesecret law by Stefan Maaßen and Melissa Widder. Same is true for Oliver Löffel's initial comment here on #LinkedIn https://lnkd.in/dgPhBj2h The question of how much information can be kept in human memory (w/o having to rely on any written notes and/or documentation) remains a recurring question in trade secret law. The German Federal Supreme Court may recently have added another piece of guidance to this riddle of trade secret law. Some quotes from the decision: "However, the factual instances did not clearly take into account the submission that not only three, but at least ten customer accounts were accessed from the computer of defendant 2 and that there were more than 300 individual accesses." "The use of 10 user names and passwords amounting to 80 random characters alone would suggest that there was a recording and not a simple memorization." See full text of decision (BGH, decision of 2 May 2024, case ref. I ZR 96/23) here: https://lnkd.in/da57M9tB However, the decision IMHO should overall not be misunderstood or overinterpreted as a generalized rule of thumb. The case constellation is rather special and the presentation in the civil proceedings is peppered with findings from parallel criminal investigations. Significantly more than many case constellations have to offer in practice... _______________________ We do #IntellectualProperty / #patent / #tech  #law and litigation as well as SoftIP (TM/design) prosecution at GvW Graf von Westphalen Dr. Gabriel Wittmann (doktorIP) Dr. Sebastian Heim Jörg Khöber, LL.M. Tarik Bouhabila Annalena Kempter Tamara Jäger Sabine Wesnitzer and many many more skilled and devoted people….

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Da habe ich tatsächlich kurz gebraucht, bis ich verstanden habe, worum es überhaupt geht – also warum man da Widerspruch einbringt Jedenfalls keine Verwechslungsgefahr trotz identischer Waren/Dienstleistungen, weil die bestehende klangliche Übereinstimmung von „AirPlus“ <> „R+“ nicht ausreicht. Und zum bestenfalls geringen Grad an Unterscheidungskraft von „R+“: „However, the Board disagrees. A sign consisting of a single letter has, in principle, a minimum degree of distinctive character or a weak, or even very weak, distinctive character, where that letter is not stylised or is only slightly stylised or where the other figurative elements of the sign in question are not striking. By contrast, where a sign consists of a highly stylised letter or is accompanied by other relatively elaborate figurative elements, that sign may be recognised as having a normal or average degree of distinctive character (…). In the present case, the letter ‘R’ is written in a standard yellow typeface. Therefore, it is only slightly stylised. Furthermore, the other figurative element of the contested sign is not striking. The majority of the relevant public will perceive it as a mere depiction of a yellow ‘+’ sign. As such, it is a universally known, banal and commonplace symbol with an, at most, weak degree of distinctiveness (…). Therefore, the element ‘R+’ of the contested sign has a minimum degree of distinctive character.”   #marke #trademark #markenrecht #trademarklaw #ip

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Karriere- und Leadership-Tipps vom besten CEO der Welt Frank Slootman hat mit Data Domain, Service Now und Snowflake drei milliardenschwere Softwarefirmen hochskaliert und an die Börse gebracht. Er gilt als bester Software-CEO der Welt. Das sind die top Karrieretips aus seinem Buch AMP IT UP. "We all need to be careful what “elevator” we get into early in our careers. Some go up, some go down, some don't move. It's largely beyond our control, so choose wisely. We have seen staggering examples of this phenomenon in Silicon Valley. Anybody who spent the last 20 years at Google, Amazon, or Apple would have done spectacularly well, regardless of their individual merit. And anyone who stayed with companies like IBM and HP would have stagnated during that period." "We coped in ways I have used ever since: hire people ahead of their own curve. Hire more for aptitude than experience and give people the career opportunity of a lifetime. They will be motivated and driven, with a cannot‐fail attitude. The good ones would grab the opportunity to accelerate their careers with us." "I would sometimes say in all‐hands meetings that I was personally committed to help each of our employees reach a different station in life as a function of the company's fortunes. In exchange, I was asking for the best they had to offer. That was the deal: we do the best we can for each other. People sometimes gave me an incredulous look: a CEO who is saying that his goal is to elevate our fortunes? Seriously? Yes, and our companies proved it. Sometimes years after a staffer had moved on, I would still receive an email expressing their appreciation for how much our company had changed their life's trajectory." "Not everyone has this visceral sense of contest, especially at companies that shield their people from the real stakes at hand. When leaders fail to explain the industry landscape, employees don't feel the cold winds of competition. Their jobs and paychecks feel secure, but that's an illusion. Good leaders explain that none of us are ever truly safe in our roles for any length of time. If this fact makes people uncomfortable, that's good."

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Alexander Bloch Agree that we have to stop talking about forbidding internal combustion engines and leave it up to the market and customers to decide what they want to purchase. The EU should set CO2 targets but stay open to new technologies. This being said, e-fuels are of course not zero CO2 because during the combustion the once captured CO2 will again be emitted, but they are not worse than coal-fired generated electricity either. It is very likely that electric vehicles will win the race sooner rather than later but only by convincing consumers and not by forcing consumers to buy something they do not want. #mobilityinsider

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Private Clients aufgepasst. Tips und Tricks für die Vermögensverwaltung👇🏻 Bei Fragen zur Veranstaltung gerne meinen Kollegen René Udwari ansprechen. #mazarslaw

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📈📊 Second quarter brought further gains in equity markets. As we are heading into the summer break, we don’t expect much change given no exogenous event. The fall may bring new challenges especially as everyone will focus on the actions of Fed and the US elections. Further views in our quarterly investment report.

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Wow, what a discussion and great feedback, thank you so much. And this is only the German speaking community. To make it even more valuable and bring IHIF Questex International Hospitality Investment Forum (IHIF) into the game and to let our English speaking friends participate in the discussion here my original post in English: IIHF 2024 - as always, a big international family get together for our industry. Probably also the most important conference for us in Germany…. But quo vadis IHIF? Half-empty exhibition halls, lots of brands, but investors ? Banks? Developers? Quality of speaches, lectures and presentations ? …many market participants are located somewhere else and are not prepared to pay the horrendous prices for tickets, so that the actual purpose of a conference, to meet in one place , is not really achieved. Of course there are still the parties and dinners , which are always fun, but you can do that without IHIF tickets. Quo vadis IHIF? What do you think ? This really interests me..

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Bevor ich eine Filiale in Singapur eröffne, werde ich mich - unter vielem anderen - mit folgenden Parametern auseinandersetzen müssen: - Corporate Income Tax - Capital Gains Tax - Other Capital Taxes - Withholding Taxes - Payroll Taxes - Property Tax - Sales Tax or Value-Added Tax (VAT) - Goods and Services Tax (GST) - Franchise Taxes - Gross Receipts Taxes - Industry-specific Taxes - Transfer Pricing Rules - Controlled Foreign Corporation (CFC) Rules - Double Taxation Treaties

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The German lawmaker has introduced a new commercial court system which makes our civil litigation system more attractive for business conflicts also for international users and complex cases. Please read for details this piece from my colleague #Jessica Goetsch #HoganLovells.

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Ob im Octagon oder im Kreis – Adlerkopf ist Adlerkopf So ein bisschen Konzeptschutz geht immer – und dann noch eine Prise „verschwommenes Erinnerungsbild“ und schon hat man (hier bei identischen Waren) Verwechslungsgefahr: „60 It is precisely because of that conceptual identity that there is a significant risk that the relevant public might believe that the identical goods marketed under the contested mark are a rebranding, an iteration or an evolution of the opponent’s mark or a new line of the opponent’s goods.   61 Furthermore, it must be borne in mind, that the relevant public rarely has a chance to make a direct comparison between the signs but must place his or her trust in the imperfect recollection of the marks in question (…).   62 Having regard to the relevant factors and their interdependence, it follows that the visual similarity and, in particular, the conceptual identity of the signs at issue are sufficiently significant to lead the relevant public to believe that the identical goods designated by the conflicting signs come from the same undertaking or from economically-linked undertakings. Consequently, there is a likelihood of confusion in the relevant territory, i.e. Spain, ….”   #marke #markenschutz #trademark #trademarklaw #ip

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🚀 Exciting News! The Latest Labor Cost Study by TPA Steuerberatung GmbH is Out Now! 🚀 We are thrilled to share the latest edition of the recently released study on labor costs by the renowned tax consulting firm TPA Steuerberatung GmbH. For the third time, TPA has published a study examining labor costs in twelve selected Central and Southeast European countries. The study, titled “Personnel Costs as a Factor in Location Decisions,” focuses on four groups of employees: Managing directors, Executives, White-collar workers, and Blue-collar workers. TPA presents salary data, the latest developments, and the most relevant trends regarding labor costs in the CEE and SEE countries. 🔍 Spoiler Alert: The results are incredibly fascinating. 🔍 Below, we share the link to the new labor cost study with you. Make sure to check out the Executive Summary. 📖 Access the Study with Just One Click: German Version: https://lnkd.in/dRqky5Hf English Version: https://lnkd.in/d3vZvfUf #LaborCostStudy #TPAGroup #CEEMarket #SEEMarket #LaborMarketTrends #ChamberOfCommerce #CentralEurope Thomas Haneder  

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Check this out: Quick check available to find out if your business may have an obligation to report on sustainability. Details to be found here:

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Schönes Beispiel für eine bösgläubige Markenanmeldung! Manchmal ist es schwierig eine bösgläubige Markenanmeldung zu entlarven, weil die Anmelder ja nicht offen zugeben, dass sie bösgläubig sind - und man sich daher auf objektive Umstände stützen muss. Manchmal ist es dann aber doch nicht so schwierig, weil einfach alle objektiven Umstände dafür sprechen. Ein aktuelles Beispiel aus der Entscheidung einer Beschwerdekammer: „− The first trade mark filings concerning sign consisting of (or including) the name ‘CNVRG’ by the EUTM proprietor started, in China, … seven days after the cancellation applicant, referred to as ‘cnvrg. io’, publicly announced that it secured a funding of USD 8 million and expects significant growth (…); − The contested EUTM corresponds to a significant portion of ‘cnvrg. io’, and the most distinctive part of it; − The EUTM proprietor did not offer any explanation on how it came up with the contested sign or show circumstances that it coined it independently of the name under which the cancellation applicant exploited its activity (although the lack of such an explanation was highlighted by the Cancellation Division and the proprietor had the opportunity to offer an explanation in, for example, its submissions in the current appeal proceedings); − The EUTM proprietor did not rebut the Cancellation Division’s conclusion that there is no real activity or use of the contested sign by the proprietor; − The EUTM proprietor did not show that there is any commercial logic behind its 110 trade marks consisting of (or including/overlapping) with ‘CNVRG’/ ‘cnvrg. io’ that cover all 45 classes of the Nice Classification; − As pointed out by the Cancellation Division and not rebutted on appeal by the proprietor, the proprietor remained equally silent as regards the applicant’s serious accusations that there appears to be a pattern insofar as the proprietor appropriated in the past other signs used by a third party.”   Besonders hilfreich war wohl auch das nicht: „After the acquisition of the cancellation applicant by Intel was made public in November 2020, the EUTM proprietor contacted Intel Capital claiming ownership of ‘CNVRG’ in China, inviting Intel to contact them if interested in acquiring the right on the marks in China (…). The EUTM proprietor also contacted a patent broker working with Intel making the same offer to acquire the ‘CNVRG’ marks (…).”   #marke #markenrecht #trademark #trademarklaw #ip

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Thank you, Dr. Rapp, Julia Bahlmann, and FERI Cognitive Finance Institute, for challenging my perspectives on 2024's takeoff of tokenization. Your insights have been invaluable in exploring our future financial market infrastructure. The year 2024 marks an important milestone in the development of #tokenization and the transition to the #token economy. This is not least the result of the groundwork laid in 2023, which has created a solid foundation for concrete results on the blockchain. Major financial players are increasingly entering the market and driving the development of a token economy. Tokenization enables a sophisticated digital financial market infrastructure that overcomes numerous limitations of the existing economic and financial system. It goes beyond a simple technological upgrade and has the potential to fundamentally transform traditional financial markets and other economic sectors.

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Toller Überblick! Lohnenswert!Just finished the course “Measure What Matters: Succeeding with Objectives and Key Results (OKRs)” by John Doerr, Measure What Matters, and Ryan Panchadsaram! Check it out: https://lnkd.in/eZgDPsrm #objectivesandkeyresults.

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🇩🇪 𝗛𝗼𝘄 𝘁𝗼 𝗦𝗼𝗹𝘃𝗲 𝗚𝗲𝗿𝗺𝗮𝗻𝘆’𝘀 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗕𝘂𝗱𝗴𝗲𝘁 𝗦𝘁𝗿𝘂𝗴𝗴𝗹𝗲? 💶   At first glance, it is striking that the total sum of Germany’s special funds (€ 969 billion) is 𝗮𝗹𝗺𝗼𝘀𝘁 𝘁𝘄𝗶𝗰𝗲 this year’s federal budget (€ 477 billion). Most of the special fund’s volume is loan-financed: In other words, 𝗱𝗲𝗯𝘁 (€ 780 billion) instead of equity (€ 89 billion).   𝗖𝗗𝗨/𝗖𝗦𝗨 & 𝘁𝗵𝗲 𝗔𝗰𝘁𝘂𝗮𝗹 𝗢𝗿𝗶𝗴𝗶𝗻𝗮𝗹 𝗦𝗶𝗻   Although the traffic light coalition must face the political consequences of the excessive special funds use now, it was the CDU/CSU in the 1950s who committed the actual original sin. 21 of the currently still active 29 special funds (72%) have been passed by a CDU/CSU-led government. More than a third originates from the 𝗔𝗻𝗴𝗲𝗹𝗮 𝗠𝗲𝗿𝗸𝗲𝗹 𝗲𝗿𝗮.   𝗖𝗼𝗻𝘀𝗲𝗾𝘂𝗲𝗻𝗰𝗲𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗖𝗼𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝘂𝗿𝘁 𝗥𝘂𝗹𝗶𝗻𝗴   The improper use of not fully utilized funds from the COVID-19 pandemic prompted the CDU/CSU Fraktion to file a constitutional suit: With success. From November 15, 2023, the federal government attempts to close the fiscal gap resulting by the ruling of the Federal Constitutional Court. As of now, there are two options for the use of special funds left. The first option is to get a 𝘁𝘄𝗼-𝘁𝗵𝗶𝗿𝗱𝘀 𝗺𝗮𝗷𝗼𝗿𝗶𝘁𝘆 𝘃𝗼𝘁𝗲 in the Deutscher Bundestag, which has already worked with the 'Sondervermögen Bundeswehr'. The second option is to exclusively use the 𝘆𝗶𝗲𝗹𝗱𝘀 𝗼𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 from existing or new specials funds. As an example, the 'Sondervermögen Generationenkapital' can be mentioned here.   In a nutshell, the use of special funds has become much more challenging and makes other options more likely. Over the next few weeks, PIVOT Regulatory will continue analyzing several options on a case-by-case basis in terms of 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝘃𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 and 𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗳𝗲𝗮𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 how Germany can adopt a compliant fiscal budget in 2025. Stay tuned!   #germany #fiscal #federalbudget #publicfinance #ministryoffinance #economics #politics #finance

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