THE ANTI-STARTUP ICO
According to Arseniy Stizhenok, a Russian ICO adviser, and blockchain expert, most ICO’s are launched by early-stage startups. Early stage startups are typically the investment targets of Angels, and maybe sometimes, with the right sort of appeal, venture capital, and private equity. As a rule of thumb, these investors expect to “hit a home run” with a mere 1 of 10 such investments. Early stage startups have some common challenges – management experience, the lack [...]