Scaleup Series: The ‘Dual-Base’ Dilemma
Hungary’s startup ecosystem is growing but when it comes to domestic venture capital investment, founders are facing an uphill battle. To tap into investment opportunities abroad, including in the US and UK, Hungarian startups are trialling a ‘dual-base’ business model.
In practice, this involves startups incorporating abroad (i.e. Delaware) while retaining a Hungary-based workforce to leverage cost efficiency.
In our latest Scaleup Series event, we’ll discuss the advantages and disadvantages of this business model, how Hungarian founders can attract overseas investors and the growing risk of regional brain drain.
The evening will feature a panel discussion with leaders from Wise Business, Zsolt Weiszbart, Partner at Day One Capital,
Balazs Scheidler, CEO at Axoflow.
There will also be plenty of time to network with like-minded founders, executives, and investors over drinks and snacks. You'll also have the chance to meet with a Wise Business representative to discuss any questions regarding your existing or future account with us.
Agenda:
6 pm Welcome & Registration
6.30 pm Product roadmap: Grow with Wise
6.45 pm Panel discussion (45min) The ‘Dual-Base’ Dilemma
7.30 pm Networking Drinks & Nibbles
10 pm Event ends
About the panel: The ‘Dual-Base’ Dilemma
What we’ll cover
Raising money overseas: A look at the current fundraising landscape in the US, UK and Europe, including tips and tricks for attracting investors and saving money throughout the fundraising process.
How to decide where to incorporate: Incorporation isn’t one-size-fits-all. We’ll break down the most advantageous regions to incorporate in and share advice on getting set up.
Advice on managing your business globally: Insight into how to best manage your business’ money globally, including how to hold and receive in multiple currencies, how to use low FX rates and the easier, faster and more affordable ways to move money across borders.
We hope to see you on the 15th! 🍻💬