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> but the same could be said about VC money and unicorns like Uber, Snap The same cannot be said about VC money going to unicorns. Those companies provide in-d
by root_axis 9y ago
> but the same could be said about VC money and unicorns like Uber, Snap
The same cannot be said about VC money going to unicorns. Those companies provide in-demand services that people use and enjoy, even if the business model is tenuous, there is clear value created by the services. Not true of ICOs which create no value.
- thisisit 9y agoMy bad. My phrasing should've been better. I am not implying anything on the value side of ICO vs VC backed real world companies. I am just pointing out that - No company is an island. Criticizing one doesn't implicate the whole industry as the Bancor guys try to portray.