Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: pawel7777 on March 11, 2015, 08:07:21 PM



Title: Investors put record $116 million in "21 Inc"
Post by: pawel7777 on March 11, 2015, 08:07:21 PM
Some big news from yesterday. A record funding of $116 m raised by secretive Bitcoin startup "21 Inc."

The nature of 21's operations is yet to be revealed.

List of investors include chipmaker Qualcomm, PayPal co-founder Peter Thiel and renowned venture capitalist Andreessen Horowitz.

http://www.wsj.com/articles/big-names-put-cash-in-bitcoin-startup-21-inc-1426029318

Quote
Nor has it publicly disclosed precisely how it will use those funds, though Chief Executive and co-founder Matthew Pauker flagged “several interesting developments over the next weeks and months” that will deal with software and hardware products designed “to drive mainstream adoption of bitcoin.”

Can't wait to hear more details.

The official (I assume) website for 21 inc doesn't say much for now:

Quote
21 million Bitcoin, infinite possibilities.
The future of money belongs to those who show up.

https://21.co/



Title: Re: Investors put record $116 million in "21 Inc"
Post by: ChuckBuck on March 11, 2015, 08:09:11 PM
Yup!  See this thread from yesterday:

https://bitcointalk.org/index.php?topic=984484.0


Title: Re: Investors put record $116 million in "21 Inc"
Post by: Somekindabitcoin on March 11, 2015, 08:09:24 PM
There's already been a few threads here discussing it. Some people say it's 166 million and others say it's 116 million. Even over 100 million is still amazing to me and shows how people want to get into it as early as possible.


Title: Re: Investors put record $116 million in "21 Inc"
Post by: pawel7777 on March 11, 2015, 08:12:05 PM
Yup!  See this thread from yesterday:

https://bitcointalk.org/index.php?topic=984484.0

Sorry, didn't mean to duplicate, I did forum search before posting but it's pretty useless...


Title: Re: Investors put record $116 million in "21 Inc"
Post by: dothebeats on March 11, 2015, 08:13:28 PM
Yup!  See this thread from yesterday:

https://bitcointalk.org/index.php?topic=984484.0

Sorry, didn't mean to duplicate, I did forum search before posting but it's pretty useless...

Sometimes it doesn't work for me too. But what are your thoughts about the said start-up, since you've posted a thread regarding that matter.


Title: Re: Investors put record $116 million in "21 Inc"
Post by: Minecache on March 11, 2015, 08:16:58 PM
Yup!  See this thread from yesterday:

https://bitcointalk.org/index.php?topic=984484.0

Sorry, didn't mean to duplicate, I did forum search before posting but it's pretty useless...

Sometimes it doesn't work for me too. But what are your thoughts about the said start-up, since you've posted a thread regarding that matter.

I think they're more interested in the blockchain tech than the Bitcoin servers.


Title: Re: Investors put record $116 million in "21 Inc"
Post by: pawel7777 on March 11, 2015, 08:32:45 PM
Yup!  See this thread from yesterday:

https://bitcointalk.org/index.php?topic=984484.0

Sorry, didn't mean to duplicate, I did forum search before posting but it's pretty useless...

Sometimes it doesn't work for me too. But what are your thoughts about the said start-up, since you've posted a thread regarding that matter.

I posted this for informational purpose (as I didn't know that there already is a thread about this).

You want my opinion on a start-up which operations are not revealed and remain secret? They have a nice name.

If you have anything to contribute - don't be shy.


Title: Re: Investors put record $116 million in "21 Inc"
Post by: bitllionaire on March 11, 2015, 09:29:32 PM
And I still don't know what they do in that company
does someone exactly know?


Title: Re: Investors put record $116 million in "21 Inc"
Post by: pawel7777 on March 11, 2015, 09:35:10 PM
And I still don't know what they do in that company
does someone exactly know?

That's the point, it hasn't been publicly revealed yet. I guess the only people who know more details are investors and 21 Inc themselves.

But I'd expect them to shed some more light rather sooner than later.

Also, you can sign up for email notification on their website.


Title: Re: Investors put record $116 million in "21 Inc"
Post by: DGulari on March 11, 2015, 09:59:24 PM
Even over 100 million is still amazing to me and shows how people want to get into it as early as possible.
Very soon, people will consider a Bitcoin investment of $100M - 'nothing'.  This is a small investment.


Title: Re: Investors put record $116 million in "21 Inc"
Post by: TheGr33k on March 11, 2015, 10:12:11 PM
And I still don't know what they do in that company
does someone exactly know?

That's the point, it hasn't been publicly revealed yet. I guess the only people who know more details are investors and 21 Inc themselves.

But I'd expect them to shed some more light rather sooner than later.

Also, you can sign up for email notification on their website.
hopefully something great to get 116 mill as a start up.