An ICO and an IPO are not comparable - other than the fact they 'raise money' for the issuing company. The notion that most large companies are going to offer

An ICO and an IPO are not comparable - other than the fact they 'raise money' for the issuing company. The notion that most large companies are going to offer 'coins' that have no use or economic basis - or legal right to assets of the company - is in any way scalable for the economy is ... well ... unfeasible. IPO's are not 'broken' - other than perhaps some extra layers of regulation, what is 'broken' is companies making money and having sustainable business models There are a lot of private companies that could be publicly listed, much earlier than 'unicorn stage' - the problem is there isn't enough 'hype' because they're not huge, and there's not enough shares (and frothy banker's commissions) to go around. The 'solution' to the difficulties of IPO have already arrive: massive, late stage funds. The D and E round deals, which are quite large, are now taking the place of IPO's at least for companies that wish to continue growing while not necessarily generating a huge amount of profits. Surely some of the bureaucratic elements of being a publicly listed company could have a re-look - but there's no magic model, I think, at the end of the day.