The Summer of ICOs: VC Implications
Jeff Bussgang
1.2K10

There will be more startups that will spring up and leverage ICO to fund themselves irrespective of their connection to blockchain. I completely agree that the governance and liquidity are many of such big concerns. Also currently we are riding the wave of cryptocurrency. What will happen if it can not live through the hype? What will be the position of such investors who valued tokens over equity?

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