US EditionUkrainian venture fund F1V has written off ten percent of its startups but continues to invest.
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Ukrainian venture fund F1V has written off ten percent of its startups but continues to invest.
The level of startup write-offs in the Flyer One Ventures (F1V) portfolio is 10%, said the fund’s co-founder, Oleksiy Yermolenko. He added that since 2018, F1V has invested nearly $45M in over 90 startups. Among these companies is Elision, which developed a platform for distributing and monetizing podcasts, along with a few others that were not disclosed. “This is not enough, we need to work on increasing this indicator,” Yermolenko stated. Yerm…
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