Cardano Founder Spills The Beans on “Fakeness” of Silicon Valley
Cardano founder Charles Hoskinson said he chose Wyoming to base Input Output Global (IOG), and not Silicon Valley, because of the Valley’s “unhealthy” environment. The comments dispel the notion that tech firms need Silicon Valley to “make it.” What’s more, his candid account of trying to integrate into that culture delivers a humbling that some […]
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Richard Waters, writing in Financial Times, is reporting that Silicon Valley's A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley's venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, some of Silicon Valley's heavy hitters bought into the $20 Million funding round for Xapo. This list included none less than Reid Hoffman of Greylock Partners, Mike Volpi of Index Ventures attracting funding from the deep pockets of Max Levchin, Yuri Milner as well as Jerry Yang, the co-founder and former CEO of Yahoo!. But this....
The Silicon Valley division of global telecommunications giant Orange is planning to invest in the bitcoin space. Orange Silicon Valley (OSV), which lists cryptocurrency as one of its main focus areas, is looking to spend up to $20,000 per startup and is currently in talks with two bitcoin companies, according to Bloomberg.
South Korean bitcoin startup Korbit has announced that it will receive $400,000 in funding from various Silicon Valley investors. If that figure doesn't impress, the names behind it might. The list includes DFC founder Tim Draper, AngelList founder Naval Ravikant, SV Angel founder David Lee and Barry Silbert, founder of SecondMarket and a high-profile bitcoin advocate. Draper said bitcoin's growth in Korea has been remarkable, adding that Korbit is setting a good example for bitcoin companies around the world. He argues Korea could play a leading role in the future of global finance by....
When Steve Jobs was a boy, he looked up the name "William Hewlett" in his local phone book and was able to reach the founder of Hewlett-Packard at home. The elder technologist offered the future Apple Computer founder advice, some free components and a summer job. Anecdotes like that make it clear how geographical proximity can help one wave of innovation set up the next. Even now, when it's unlikely any young entrepreneur will be able to find Mark Zuckerberg in the Palo Alto phone book, hopefuls with ideas still flock to the stretch of towns flanking the San Francisco Bay. The....
"Bitcoin, Bit by Bit" is the partial title of an article written by Forbes contributor Ralph Benko. The subject stirs up an interesting topic dealing with the endless war between politics and business, and right now, bitcoin is the key ground over which both parties are fighting. In the article, the idea that the business capital of the world, the Silicon Valley located in Northern California, holds true power in the country, especially when compared to the power supposedly held in Washington, which is depicted as being somewhat farcical. The content later goes on to use bitcoin as an....