For startups, venture capital has, for so long, been the ideal way of raising capital, especially at growth stages and when a company intends to expand to areas outside of its home market. However, venture capital does have its disadvantages, particularly the dilution of owner’s equity. With token-based crowdfunding becoming a popular way to raise capital, is venture capital on its way out?
In 2016, 64 major initial coin offerings (ICOs) were launched, raising a total of $103 million. This does not include smaller coinsales that may have been launched in private or to the public. This year, ICOs have raised at least $1.3 billion so far, with the figure growing as the days go by. This year's record breaker so far is Tezos, which raised $232 million – far greater than all of 2016's coinsales combined.
The full article:
https://coinidol.com/are-icos-the-next-stage-of-evolution-in-venture-capital/
