kaal:claim:3067615-014

In the second quarter of 2017 ICO issuances exceeded venture capital financing of start-ups for the first time, with $210 million invested in ICOs versus $180 million invested into start-ups via traditional venture capital funds.

In the second quarter of 2017, ICO issuances exceeded venture capital financing of start-ups for the first time,34 with $210 million invested in ICOs versus $180 million invested into start-ups via traditional venture capital funds.

Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017), III. Disruptive Effects, p. 12
https://ssrn.com/abstract=3067615 · source PDF

Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017). SSRN: https://ssrn.com/abstract=3067615

• second quarter of 2017
• crypto and blockchain start-up financing

empiricalsupport: evidencedinnovationsecurities-lawempirical-evidence

• restated_by kaal:claim:3606663-008 ICO issuance exceeded venture capital financing of startups for the first time in the second quarter of 2017, ...
• supports kaal:claim:3002908-039 Initial coin offerings have overtaken venture capital as a funding channel for blockchain start ups, raising 3...

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