Investors put record $116 million in "21 Inc"

[pawel7777]

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

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:

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

https://21.co/

[ChuckBuck]

Yup!  See this thread from yesterday:

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

[Somekindabitcoin]

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.

[pawel7777]

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...

[dothebeats]

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.

[Minecache]

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.

[pawel7777]

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.

[bitllionaire]

And I still don't know what they do in that company
does someone exactly know?

[pawel7777]

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.

[DGulari]

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.

[TheGr33k]

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.