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You might infer such a valuation on an ICO with a coin that is tenuously that valuable, but 1.1b for Tumblr was an outright acquisition, cold cash. You could p
by beager 9y ago
You might infer such a valuation on an ICO with a coin that is tenuously that valuable, but 1.1b for Tumblr was an outright acquisition, cold cash.
You could probably claim a value of 1.1b on any hackneyed scam via ICO, but the issues with that eclipse any meaningful discussion we could have about Tumblr as an idea or viable business in 2017.
- GotAnyMegadeth 9y agoHello :-) Could I just ask what ICO stands for? Thanks
- toomuchtodo 9y agohttps://www.bloomberg.com/news/articles/2017-06-15/digital-coins-are-so-hot-they-re-selling-them-like-an-ipo https://www.bloomberg.com/news/articles/2017-06-15/digital-c...
- gruturo 9y agoInitial Coin Offering. The IPO of a cryptocurrency, more or less.
- joombaga 9y ago"Initial Coin Offering", a way to crowd fund with cryptocurrency.
- deleted 9y ago[deleted]