Fractal shifts business model to acquiring established companies
Fractal group is abandoning its startup studio model in favor of acquiring established businesses. This decision is driven by high costs associated with developing new products from scratch.
In brief
- Fractal is changing its approach to building a business portfolio.
- The group is abandoning the startup studio model.
- Fractal plans to acquire established IT companies.
- Founder Artem Borodatyuk announced the changes.
Covered by 1 of 7 media groups
- Independent2
- Publicno reports
- Commentatorsno reports
- Oligarch-ownedno reports
- Stateno reports
- Officialno reports
- Anonymousno reports
Not covered by: public, commentators, oligarch-owned, state, official, anonymous.
| Group | Share | Count |
|---|---|---|
| Independent | 100% | 2 items |
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