Topic: 2013-05-27 [TechCrunch] 60+ Investors Band Together To Form BitAngels (Read 2315 times)
I can only say WELL DONE!!!
May 28, 2013, 12:25:54 PM
Links to Announcement forum thread and Subreddit:
- https://bitcointalksearch.org/topic/bit-angels-launches-website-and-sub-reddit-join-us-212472
- http://www.reddit.com/r/bitangels
- http://www.bitangels.co
- https://bitcointalksearch.org/topic/bit-angels-launches-website-and-sub-reddit-join-us-212472
- http://www.reddit.com/r/bitangels
- http://www.bitangels.co
May 28, 2013, 12:14:38 AM
This is going to be a powerful force, in a good way, but I wish it decentralized and more competition to each other.
we have enough competition from states as it is
What does that have to do with investors? Don't you think that this could lead to some under value companies?
Well, 60 investors. Honestly at this point I'd see it as beneficial for them to be banded together, combining their strengths, connections, capital and experiences to really push Bitcoin through. I imagine whoever is heading the effort has experience in bringing goals to realization...
Hopefully the good, profitable ideas receive the immediate backing of their little network whereas those with undervalued ideas can continue incubating until they can get to the point to fully develop their ideas into a product. Such a network can only help, and those if ostracized are always free to develop/find funding elsewhere, right?
May 28, 2013, 12:00:06 AM
This is going to be a powerful force, in a good way, but I wish it decentralized and more competition to each other.
we have enough competition from states as it is
May 27, 2013, 11:37:51 PM
http://techcrunch.com/2013/05/27/60-investors-band-together-to-form-bitangels-the-first-multi-city-angel-network-incubator-for-bitcoin-startups/
This is going to be a powerful force, in a good way, but I wish it decentralized and more competition to each other.
Quote
Nobody’s quite sure when (and if) Bitcoin will go mainstream, but plenty of investors and entrepreneurs have begun to place their bets. The snowball is off and rolling.
If this post doesn’t make it clear why venture capitalists are loving this emerging market, just in the last two months, we’ve learned that Winklevosses love Bitcoin, Liberty City Ventures launched its own “Digital Currency Fund,” San Mateo-based accelerator Boost.vc is dedicating half of its next batch to Bitcoin startups, Chris Dixon is in and Fred Wilson finally made his first investment.
If this post doesn’t make it clear why venture capitalists are loving this emerging market, just in the last two months, we’ve learned that Winklevosses love Bitcoin, Liberty City Ventures launched its own “Digital Currency Fund,” San Mateo-based accelerator Boost.vc is dedicating half of its next batch to Bitcoin startups, Chris Dixon is in and Fred Wilson finally made his first investment.
This is going to be a powerful force, in a good way, but I wish it decentralized and more competition to each other.
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