More good news for bitcoin, and the blockchain technology that it builds upon: At least five startups with $1bn valuations are expected to emerge within the next year, according to M&A advisers Magister Advisors.
The advisers have been gazing into their crystal ball for next year, and foresee good times ahead for bitcoin firms, predicting that these startups will not just have unicorn-level valuations, but also real-world potential:
This is the territory of thoroughbreds and workhorses, not unicorns.
“The difference is that these businesses will be able to justify their valuations”, they write in a fresh report, calling the emerging bitcoin companies “thoroughbreds” rather than unicorns.
http://www.cityam.com/230736/2016-fintech-predictions-blockchain-and-bitcoin-unicorns-will-give-way-to-thoroughbreds
Topic: [2015-12-13] Blockchain and bitcoin unicorns will give way to "thoroughbreds" (Read 206 times)
December 13, 2015, 11:49:43 PM
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