BitAngels floats Blueseed's boat
Bitcoin-focused angel investor group BitAngels has made its first seed investment, piling $100,000 into an offshore startup community. The money goes to Blueseed, a project to house startup talent 12 miles off the California coast on a converted cruise ship. Started by a collection of people from the Seasteading Institute, a think tank researching ocean communities, Blueseed's initial purpose is to circumvent what the founders see as restrictive US immigration laws. The difficulty of getting US visas for immigrant startup talent means that non-US citizens are being kicked out of the....
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BitAngels, the first international incubator focused exclusively on bitcoin start-ups, announced that it has invested $7m (roughly 8,200 BTC) in twelve different bitcoin startups since 2013. The startups feature some interesting names, including mining hardware company CoinTerra, bitcoin instant exchange Cash Into Coins, bitcoin layer MSC Protocol, payment platform GoCoin and Seasteading incubator Blueseed. The company said: "BitAngels have nearly $50m in bitcoins soft-circled by its now 324 angels across the globe ready to be invested in bitcoin startups." The BitAngels assembled at the....
Startup incubator BitAngels announced today that it has invested somewhere on the order of $7 million (close to 7,000 BTC) in bitcoin-related start-up businesses since May of 2013. BitAngels has invested the funds into about 12 companies, of which include mining hardware manufacturer CoinTerra, instant bitcoin exchanger Cash Into Coins, and GoCoin. "It has been an incredible time for Bitcoin since the May 2013 Bitcoins show in San Jose, and it has been an even more incredible one for BitAngels," said David A. Johnston, who serves as Executive Director of the incubator. "Like the digital....
One time-tested measurement of an industry's promise is the amount of investment capital flowing into new ventures in the space, and now angel investor group BitAngels has closed a new fund that highlights the bright future of digital currencies and decentralised applications. Billed as the world's first "distributed veteran entrepreneur and angel investor group," BitAngels has been an active organization in the bitcoin community, having invested $7m into digital currency startups since its inception in 2013. BitAngels co-founders Michael Terpin and David Johnston sat down with CoinDesk at....
Last month marked a milestone of sorts for Michael Terpin. BitAngels, the first "serious" angel network in bitcoin, celebrated its second birthday. Things are markedly different since the group's first impromptu meeting at the Bitcoin Foundation's Bitcoin 2013 conference. After sending out a Reddit invite with the goal of six or seven people showing up, Terpin and co-founders David Johnston and Sam Yilmaz had 35 attend (60 joined within a week). "The spirit of discovery and camaraderie from those early days was magical and unforgettable," said Terpin. "When we did our first set of fundings....
Bitcoin is up more than 200% since mid-December and is hovering around $57k. The cost now feels like an insurmountable hurdle to breach for many who were previously on the fence. To those people, MicroStrategy CEO Michael Saylor says, “you haven’t missed the boat.” Bitcoin is The Ultimate Hedge to Hold Against Inflation Speaking to […]