More than 90% of mature Ukrainian startups have already relocated their headquarters abroad, the highest rate among Central and Eastern European countries, reports Forbes. Experts indicate that due to the high level of risks associated with early investments and the additional impact of the war, many teams conceal their Ukrainian origins to avoid deterring potential clients or investors. While previously Ukrainian startups would only open offices abroad after achieving stable income, this is now becoming the norm even in the early stages of a company’s existence.
This is reported by Business • Media