May 11, 2018

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

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

Initial coin offerings let startups skip venture capital funding, but will they last?
ROSLAN RAHMAN/AFP/Getty Images

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. 

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