Most founders learn legal basics the hard way: after a co-founder dispute, a botched cap table, or a term sheet clause nobody read closely enough. In this masterclass, PXR lawyers Maja Brand and Max Holeisen give early-stage founders the startup legal playbook before they need it, covering founders' agreements and vesting, cap table pitfalls, CLA vs. equity rounds, VSOP/ESOP/EIP incentives, and exit mechanics, followed by live Q&A on real founder situations.
Register for EventMost founders learn legal basics the hard way: after a co-founder dispute, a botched cap table, or a term sheet clause nobody read closely enough. By then, the fix costs far more than the fee would have.
The truth is that the legal groundwork you lay in your first year determines how fundable, defensible, and clean your company looks at every stage after. Vesting schedules, IP transfers, and cap table decisions aren't paperwork to defer. They're the scaffolding investors and acquirers will stress-test later.
This masterclass gives you that scaffolding now, from two lawyers who've built it for hundreds of startups before you needed it.
The Delta Campus Masterclass series brings experts into our community to teach what they know best: from product and venture design to legal, finance, and growth. Each session delivers hands-on knowledge founders can immediately apply to strengthen their ventures.
Hosted by Maja Brand and Max Holeisen, Corporate/M&A lawyers at PXR, one of Germany's leading law firms for venture capital and technology companies.
Maja and Max specialize in venture capital financings and M&A transactions, advising founders, growth companies, and investors across the German startup ecosystem, from first incorporation to high-stakes exits. Having worked across countless financing rounds and transactions, they know firsthand what separates clean, fundable setups from the ones that cause problems down the road.
The masterclass closes with a live Q&A, your chance to raise the questions that come up in real founder situations: co-founder dynamics, cap table issues, and what actually matters in early-stage documents.
By the end of this session, participants will leave with:
✅ A founders' agreement and vesting structure that protects everyone, including your future self
✅ The judgment to spot cap table pitfalls before they become dead equity
✅ Clarity on when a CLA makes sense versus when to run a priced equity round
✅ A working grasp of VSOP/ESOP/EIP structures to design equity incentives that attract and retain talent
✅ An understanding of drag-along rights and exit mechanics before you're negotiating them under pressure
✅ Early-stage founders setting up or tightening their legal foundation
✅ Founding teams navigating co-founder agreements, cap tables, or their first equity incentive plan