This is correct, because ICOs were investment scams, a fact which I don’t think can be swept under the rug nearly as neatly as the broader tech industry wants to do. “Ahh yeah 2017 was sort of weird year; remember how everyone was pulling billions from retail? Everyone, right?”https://twitter.com/SamGellman/status/1062858606909870080 …
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There was an article in the Harvard Business Review about how the super-compelling IRR of investment scams was leading established VC funds to do more than dip toes in water.
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