Tytus Cytowski and Tomasz Snazyk, lawyers and founders of the law firm Cytowski LLC, which specializes in the field of venture capital / start-up in Poland and USA; talk about the differences between foreign investor financing agreements and their Polish counterparts. What are the usual differences between American and Polish venture capital agreements? Tomek Snazyk (TS): First of all, it is extremely rare for a foreign fund to invest in a company registered in Poland. Foreign investors, especially those from the U.S, prefer to invest in entities registered over there. As to the venture capital agreements themselves, apart from the things typically associated with U.S. laws that do not exist in the Polish law, the differences are small. Part of…

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