Comment by logicallee | Hacker News Reader

Comment by logicallee | Hacker News Reader

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Hi! You write

>ICO's of some form are unquestionably the future of raising capital for most tech companies up to a certain size

But do not mention "in the fintech space" or even software companies - you just say "most tech companies up to a certain size."

May I ask what the largest/most successful "traditional" tech company that used an ICO is? By "traditional" I mean that their tech has nothing to do with blockchains and they could have also just raised money on angellist, and today are just a normal tech company shipping some kind of a product, like a hoverboard.

i.e. nothing related to ICO's or anything like that. Out of such 'traditional' tech startups (that just used it as an alternative to angel and VC money) what is the largest and most succesful one? (Or what are some of them.)

I am not asking for anything related to blockchain or fintech as such companies are easy to find. Thank you.

This is early days, very early days. Give it a few years, and people won't bat an eye at raising capital via the blockchain. It's just more efficient and easier. I mean, if you like having to travel around, having tons of meetings and discussions, hoping your lead investor doesn't pull out and fuck up the whole round, by all means keep supporting the current system. It just is going to change, massively, in the coming years. There will be some sort of place for traditional capital but blockchain capital raising will hit every industry.

I understand. I asked for the "largest/most successful 'traditional' tech company that used an ICO" (totally outside of fintech) -- a company shipping products, like a hoverboard or whatever.

I take your response to mean that you don't know of a single ("traditional") tech company outside of fintech or blockchain-related technology that has used ICO's instead of angellist/VC's investors. But your response makes it clear that this will happen in the future.

I hope I have this right? Thank you.

Kik? Brave?

Thanks - this is what I asked for in my first comment. Any hardware companies?

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