The above article, authored by Legal Counsel Dimitris Papoutsis, was recently published in Philenews. The article discusses the rarity of extremely successful venture capital (‘VC’) backed start-up businesses (‘Unicorns’). Dimitris suggests VC funds can improve the odds of success through modern research methods and systems. However, he notes that the current regulatory and legislative framework governing VC funds in Cyprus effectively excludes the majority of the public from investing in them.
The original article is written in Greek and may be viewed here.
For more information please speak with Dimitris Papoutsis or your usual contact at Elias Neocleous & Co LLC.