Munich – The Berlin-based venture studio Wizard Ventures GmbH (hereinafter „Wizard Ventures“) has sold its portfolio companies Startup&VC (hereinafter „Startup&VC“) and VC Stack (hereinafter „VC Stack“) to the US venture capital platform Going VC (hereinafter „GoingVC“).
The venture capital platforms Startup&VC (startupandvc.com) and VC Stack (vcstack.io) are leading online platforms for founders and VC investors that offer various resources for successful start-ups and investments. While Startup&VC helps founders to build a team with a specific job platform, VC Stack offers investors access to digital tools to optimize the investment process. Startup&VC has more than 90,000 social media followers, more than 1,000,000 views per year and more than 11,000 subscribers to the monthly newsletter.
The Wallberg team consisting of the founders Manuel Brühl, Dr. Arno Malcher and Dr. Simon Sabel provided legal and tax advice to Wizard Ventures on the sale of Startup&VC and VC Stack to Going VC. Wallberg & Cie.’s distinctive interface expertise in the areas of tax, IT law and transactions was also fully utilized in this sale. In addition to the tax aspects and the corporate law structure of a cross-border transaction, IP-related issues were central to this deal. „With two further exits in a short space of time, Wizard Ventures has now impressively demonstrated how digital entrepreneurship works: building digital platforms with high added value for users and, above all, offering high-quality content in a structured and easily accessible way and building value,“ said the founders of Wallberg & Cie. Wallberg & Cie. last advised Wizard Ventures on the sale of the portfolio company basetemplates in November of this year.
The venture studio Wizard Ventures, based in Berlin, builds, buys and develops online business models. All portfolio companies are purely digitally organized platforms. In addition to founders, start-ups and investors, Wizard Ventures is increasingly focusing on more mature companies: the still young portfolio company Magic Design (en.magicdesign.io), for example, offers companies high-quality, reliable and fast design solutions.
Going VC, based in San Francisco, USA, is a globally active venture capitalist that offers comprehensive venture capital education in addition to early-stage investments in start-ups. This has resulted in a global network of founders, investors and start-ups, which Going VC expands and deepens through various offerings.
Advisors Wizard Ventures
Wallberg Law Tax Advisory GmbH & Cie. KG
StB Manuel Brühl, Tax
Dr. Arno Malcher, Law of the digital World
Dr. Simon Sabel, Transactions
Wallberg & Cie.
Wallberg Law Tax Advisory GmbH & Cie. KG is a specialized legal and tax Advisory based in Munich. The founders combine their enthusiasm for legal and tax advice with a strong technological and digital DNA. Wallberg & Cie. focuses on corporate law, tax law and the law of the digital world with a focus on digitalization, transactions and international aspects. Wallberg & Cie.’s expertise is regularly in demand for complex projects, especially for company sales, transactions, financing rounds, restructurings and transformation processes.