Noticed a new IPO went up on Havelock today. Might be too early to tell, but what do you guys think of it? I haven't found too much on the company from looking on their site and reading what they put out on Havelock, and am uncertain as to how they plan on running things.
Maybe I'm misreading it, but it looks like they want to build an incubator for crypto businesses.
Incubators are tricky to get right. It's a tough model, there's lots of general competition, and not that many (relatively) new crypto businesses (i.e. maybe less selection to choose from, and possibly as a result less good opportunities).
They're also trying to raise the equivalent of $5 million. Two years ago that was easy on Havelock, but I'm not so sure about it today.
I'm going to wait and see personally, and do some more research. Maybe call them as well.