In a landmark ruling in “Schrems II” by the European Court of Justice on 16 July 2020, it was declared that the EU-US Privacy Shield is no longer valid when transferring personal data from the EU to the US on the basis that it does not fully protect EU citizens given the surveillance by US agencies.
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Getting your business investor ready
For most founders the early stages of business are “bootstrapped” - funded by friends and family, reinvested profits, salary sacrifice, personal credit cards, mortgages and the like. There are essentially two forms of funding for any business – debt (loans) and equity (shares in your company) — so what are the things a business needs to look out for when seeking equity investment?