Comment by brndnmtthws
9 years ago
This is what ICOs have recently enabled. It's not insane, in fact it's already happening.
VC investing has traditionally been a good ol' boy club, but I think that will change. Openings up investing to everyone will provide more people with an opportunity to prosper.
ICOs still feel like the wild west. They feel way more riskier than contributing to a "validated" funding round. That said, VC rounds obviously are no guarantee of good judgement either.
Investing is risky, that's just the nature of it. Most SV startups fail. Failure isn't a bad thing, it's just the process of figuring out what works and what doesn't.