Andrey Kondratyuk Managing Partner
I believe in fairness, perseverance, and the power of people. For a startup, everything else - even business ideas and the market - is secondary. Individual tenacity, focus and perseverance make startups succeed. Fairness towards employees, clients and users make such success a lasting one.
I have started my venture journey after over 15 years in investment banking. Before co-founding Ultimate, I have worked for JPMorgan, Deutsche Bank, VTB Capital. I’ve participated in various landmark transactions and saw through a considerable amount of investments. Through this experience, I learned from various industry leaders how businesses should be organised and operated for optimal performance. While studying at Yale, I learned about a game called Ultimate Frisbee. This game focuses on self-officiating, even at the highest levels of competition. Ultimate relies on the sportsmanship of players to maintain fair play, no referee is needed. Our fund follows such "Spirit of the Game", we strongly believe in team play and self-discipline.