Agreed with "tech noughties" analogy. But I don't remember these kinds of figures being raised back then. EOS is looking at hundreds of millions. Risk fall will be bigger this time around, I think.
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Agreed with "tech noughties" analogy. But I don't remember these kinds of figures being raised back then. EOS is looking at hundreds of millions. Risk fall will be bigger this time around, I think.
That's a fair point - but, even in light of a major fall, there is generally a subsequent recovery. I think the ICO model of fund-raising has its drawbacks, obviously, but the upside is that, unlike traditional venture capitalism, it is completely horizontal (generally speaking), you talk to and engage with the project leads, and that gives transparency and makes for better decision-making as an investor - if people make the effort to leverage these plus points.
That's the crux of the issue - "if people make the effort to leverage the plus points."