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RE: STARTA ICO - A Blockchain funded Startup Accelerator (& Happy July 4th!)

in #ico7 years ago

It is an interesting concept but to me it seems a little odd in a way. Like they need Seed money to then provide seed money to other startup projects. Is that the way you interpret it as well? I mean a person could look at it like investing in a mutual fund where then they are invested in individual startups and if the net effect of those early projects is positive then you will come out ahead.

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Well that is one way of looking at it. From my understanding of what they are doing it looks like a way of getting round the hurdles of allowing regular people to do something like VC investing.

yeah I can see it that way as well! In general that is why I love crypto. You can actually get in on the ground floor of these projects when before a regular person would have an extremely hard time investing in a startup.

So true it allows us regular people to get in on this sort of thing.