Building Trust in Cross-Border Business Relationships with Matej Ftacnik

So you've got your startup idea off the ground and have realised you want to work with service providers outside of your home country. But what are the red flags to watch out for in contracts with these businesses?
Annabel spoke to Matej Ftacnik, CEO of Vacuumlabs. A partner of Sparring, Vacuumlabs provide digital design and engineering support particularly to companies in the fintech and blockchain industries. They discuss how you can build trust with new service providers, overcoming cultural barriers and what startups should invest in when growing with global businesses.
They also highlight which contracts these nuances might appear, such as Service Level Agreements (SLAs) and Master Service Agreements (MSAs).
Savvy by Sparring is a show where we reveal the stories founders, investors and other startup ecosystem players face when they do not consider legal questions at an early stage. Get your startup off the ground with business inspiration, meshed with legalities, including how startups incorporated, protected their works and raised funds in a (legally) smart way.
You can find Sparring's Startup Playbook which supports the show here: https://playbook.sparring.io/