Dying startups rushing to ICO so that VCs can get some of their money back

in #ico • 7 years ago

Coming from this article https://outlierventures.io/billion-dollar-tokens-icos-wtf-is-going-on/

"A plethora of zombie startups (no growth, stalling) will ICO over the next 18 months, often directly pushed by their VCs, to enable them to liquidate their positions. You can spot these a mile-off based on the lack of lock-in / vesting periods for existing investors."

What do you think? Will this really happen or do you think this is already the case for Kin ICO by KiK (https://kin.kik.com/)

#ethereum #bitcoin #vc #investing
7 years ago in #ico by
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     7 years ago  

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       7 years ago  

      Thanks but I really don't get it..

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