20 ideas for becoming a full-stack frugal company in 2021
Full Stack Development refers to the development of not only front-end (client side) but also back-end (server side) portions of the applications.
Chris Dixon, an american tech entrepreneur first defined “Full-stack startup” as a company which develops a technology that can provide the end customer with a complete product or service which handles the entire value chain of its activity.
The “Full-stack” approach implies extending the fundamental skills of the company beyond the traditional marketing, commercial and technological skills. Frichti a french startup is a wonderful example of a fullstack startup (full article here).
French startup Frichti,which grabbed $13.4 million in 2016, perfectly illustratesthe concept of a Full-stack platform. Its economic model relies on the integrating the entire value chain within the platform, from cooking to the delivery process. “We are a restaurant, we do eCommerce and are offering logistics at the same time. We integrate the entire value chain, which enables us to better control our costs and prices,” said Julia Bijaoui, co-founder of Frichti on French television. It’s also a state of mind: we can see Frichti as a food delivery company but its co-founders primarily see it as a tech company. It’s the perfect example of how technology can solve an operational problem.
