Garg: Late-stage crypto token valuations in 2018 are out of whack
Avichal Garg · 20VC: The 2 Core Areas Value Will Accrue In Crypto, Why Crypto Will Drive The Re-Centralisation of Talent Back Into Silicon Valley & Why Regulation Is The Opposite of What We Should Be Concerned By in Crypto with Avichal Managing Partner @ Electric Capita · Aug 20, 2018 · at 13:14
Avichal Garg, Managing Partner at Electric Capital, evaluates the risk-reward ratio of late-stage crypto token funding rounds on 20VC.
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“And right now, what you have at the late stage is a lot of money and a lot of risk. And so you haven't really de-risked it, but there's a lot of money going in. And so as an investor, you look at that and you say, wow, that's a pretty tough place to put money. That doesn't necessarily mean it won't work from a technology perspective, just from a valuation perspective. Some of these things are just really out of whack right now.”
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