Venture capitalists are using initial coin offerings (ICOs) to make gains more quickly than they can by start-up investing. The ICO is a way for entrepreneurs and investors to raise money from people who have no idea what they’re doing. As such, venture capitalists can get quicker gains and pull profits out of companies more easily than through traditional investment in start-ups.
Venture capitalists are using initial coin offerings (ICOs) to make gains more quickly than they can by start-up investing. ICOs are an alternative to crowdfunding and can be used to convert cryptocurrency profits into bitcoin and other cryptocurrencies, which can then be converted into fiat money. As such, venture capitalists can get quicker gains and pull profits out of companies more easily than through traditional investment in start-ups.