[2014-12-03] CD: Winklevoss Capital Launches Investor Syndicate

[LiteCoinGuy]

Winklevoss Capital Launches Investor Syndicate with an Eye on Bitcoin

Winklevoss Capital, the family office lead by two of the largest known holders of bitcoin – brothers Cameron and Tyler Winklevoss – has officially launched an AngelList syndicate that will broadly focus on tech companies, possibly including promising digital currency startups.

Announced in September and launched on 25th November, the syndicate has amassed 21 backers to date, including AngelList CEO and co-founder Naval Ravikant, serial investor Bill Lee and ex-head of Google Express Tom Fallows.

http://www.coindesk.com/winklevoss-capital-bitcoin-angellist-syndicate-launch/

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[kjlimo]

Not sure how this would be any different than the money they would have had available for these types of start ups in the past?

Does this just mean they've gotten others involved rather than just their own money for these types of start ups, or is this more significant than I'm gathering?

[botany]

They are moving their focus from just bitcoins to the bitcoin ecosystem, which is good. I wonder when their ETF will actually get all permissions required and launch in the market.