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05/11/2018: Is the cryptocurrency boom a threat to Silicon Valley’s elite?

05/11/2018: Is the cryptocurrency boom a threat to Silicon Valley’s elite?

May 11, 2018

Cryptocurrency may have its disruptive eye cast toward venture capital. The initial coin offering is a type of crypto-crowdfunding that startups can use to raise cash quickly without kissing the Silicon Valley ring. But do ICOs really have the potential…

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Stories From this episode

ICOs raised billions last year. Should Silicon Valley be worried?

by Molly Wood, Stephanie Hughes, and Shaheen Ainpour May 11, 2018
Initial coin offerings let startups skip venture capital funding, but will they last?
ROSLAN RAHMAN/AFP/Getty Images

More From This Episode

Cryptocurrency may have its disruptive eye cast toward venture capital. The initial coin offering is a type of crypto-crowdfunding that startups can use to raise cash quickly without kissing the Silicon Valley ring. But do ICOs really have the potential to replace venture capital for startups? Marketplace Tech host Molly Wood spoke with Yuliya Chernova, who covers venture capital for the Wall Street Journal, about the pros and cons of ICOs.