Venture Capitalists Still See Promise in Bitcoin Startups

Venture Capitalists Still See Promise in Bitcoin Startups

Over 150 years later the gold rush is striking California again, this time for what some call digital gold, because of its limited supply, Bitcoin. Venture capitalists still see the promise in some Bitcoin businesses. The startup Vaurum received four million dollars in seed funding from Battery Ventures, Tim Draper, Steve Case and others. Vaurum is a Bitcoin startup from Palo Alto that enables "banks & brokerages to trade, store and offer bitcoin to their customers" so that they can run their own exchanges. Bitcoin continues to gain credibility, last week, Bloomberg started providing....


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Are you an investor who has come to this page while doing the due diligence for investing in Bitcoin? If you have come this far, I suggest that you read till the end. Even if you are not a VC or angel, you are still in the right place on the Internet, for I am about to add some perspectives that can help you make informed decisions towards investing in Bitcoin. More specifically - investing in Bitcoin Tech. Please note that Venture capital funding for Bitcoin based startups tripled in 2014, and 2015 is off to a phenomenal start. There are Venture Capitalists who invest in technology,....

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Quotes

Bitcoin is the cautious expression of a rebellious identity. Using Bitcoin is an effete act of rebellion, a week resistance like wearing a hoodie or getting a tattoo that's well covered by your work clothes.

W. Ben Hunt - Chief Risk Officer of Salient Partners