ICOs and token marketplaces will not replace traditional venture capital firms
Parker Thompson · 20VC: AngelList's Parker Thompson on How He Evaluates Startup Founders & Why The Move To Series A Is Harder Than Ever? · Dec 21, 2016 · at 22:51
Parker Thompson, partner at AngelList, responds to claims that traditional venture capital will be fully disrupted by ICOs and crypto platforms.
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“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 think that's where we're going.”
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