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Topic: [2016-05-22] A Venture Fund With Plenty of Virtual Capital, but No Capitalist (Read 206 times)

legendary
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In Satoshi I Trust
A Venture Fund With Plenty of Virtual Capital, but No Capitalist

Olivier Stern, a 31-year-old French socialist with an appetite for risk, recently invested a third of his life savings — 10,000 euros, about $11,000 — in a cryptocurrency start-up that has no legal standing and runs head-on into regulatory obstacles, yet might very well upend the mysterious world of virtual investing.

http://www.nytimes.com/2016/05/22/business/dealbook/crypto-ether-bitcoin-currency.html?smid=tw-share


a VC Fund with no leader and a bunch of amateurs - what could possibly go wrong?
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