Initial Coin Offerings

“When we talk about disruption, I'm very skeptical that where we're going to be in 10 years is, you know, everything is initial coin offerings, and there's no VCs, and, you know, there's just sort of marketplaces like AngelList and Bitcoin, right? Like, I don't…”

“I'm one of the ones that think it might, and I think the way it disrupts our business is it allows folks to transact directly with the buyer of their product before they have said product. So, In a block in, in these ICOs that we're seeing now, you can put out…”

“If this trend around ICOs goes through its correction period and then continues to get traction, which I believe it will, it's hard to say on what timeframe, but let's say, you know, over the next two to 10 years or something like that, I do think that is pret…”

“So I think the long-term trend for ICOs is very positive, or token sales. I think that's a new thing that's been invented, and it will probably get a lot of adoption. I think in the short term, we'll probably see a correction on it, if I had to guess.”

“80 to 90% of these ICOs are raising more capital internationally than they are in the U.S.”

“It is going to change venture. I mean, it has changed venture. It's just, if I look at my investing activities over the last six months since we've been participating in this, it's changed the way I think about equity and the way I think about early stage comp…”

“Part of what is exciting about ICOs, if one believes in what's happening, and there are lots of Reasons to be skeptical is that they are resulting in an external stimulus for change in financing structures for a certain type of sector”

“So they scare me. I think there's going to be some really great ones, but I think people are going to lose a ton of money, like, and just everyday people. Whenever there's so much money going around, and people think they can make a quick buck, and there's a l…”

“The vast majority of ICOs are kind of ridiculous right now, But there are a few that are very, very interesting and represent a true innovation in a inherently kind of business model and computer science problem of the last 30 years, which is how do you moneti…”

“I'm just going to go tap into an ICO, and then they raise a hundred million dollars, and they don't know what to do with it, and they have no experience whatsoever. Like, sometimes that's not, I mean, maybe those will end well, but I would take the other side …”

“So I do think that this is an inflection point for the entire ecosystem, and that this concept of a crowd sale or so-called ICO is really a case of the genie being out of the bottle, and it will irreversibly change the pace of software development in this ecos…”

“They certainly have had a lot of financial interest in the ICO, and will probably raise up to two billion or so.”

“I think we've seen ICOs or ICO fever really diminish as the year has gone by. I think we're getting to a healthier place, and largely due to the increased interest from regulators in the space. I think that's been very positive.”

“I look at ICOs strictly defined as people raising large crowdfunding rounds from relatively technically unsophisticated investors as a symptom, which is that there are a lot of scammers who are taking advantage of this ecosystem. And I think those bad actors c…”

“One of the things that was really profound about ICOs was it was a completely open and democratic model to invest in technology.”

“We didn't invest in one ICO.”