A Blog by Jonathan Low


Sep 19, 2017

Why Venture Capitalists Have Largely Missed Out On Initial Bitcoin Offerings

Not sure what to make of it, not sure whether or at what level to participate - and, perhaps for the first time - finding that much of the action is happening in financial centers and other locales around the world rather than in Silicon Valley. JL

Yuliya Chernova reports in the Wall Street Journal:

Many early-stage venture firms are still catching up with the explosion of cryptocurrency deals. The boom has left them uncertain about their role, and whether to treat ICOs as a threat, an opportunity or just a passing quirk employed by founders looking for a fast way to seed their ambitions.World-wide 120 businesses have raised about $1.5 billion through coin offerings this year, up from about $256 million by 43 companies last year


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