Cross Border Kyle Asia Tech Podcast
274: Andrew Romans on blockchain, ICOs, and venture capital (Cross Border Kyle KYL8)
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Sinopse
Podcast highlights: 00:40 Can you give us a quick introduction about yourself? -- Really an entrepreneur who found a way into venture capital and investing. At heart see myself as someone who founds and builds companies. More recently have become infected with the blockchain bug. 27:10 ICOs and tokenization represent a new tool in the entrepreneur's toolbox for how to fund a business while at the same time creating a fan base. It will be very important to see how these things are regulated going forward; however, right now it is possible to be fully compliant with the law, while at the same time developing your business and product in new and truly innovative ways with these technologies. Venture capital has traditionally been very illiquid. When VCs invest in companies, it might be up to seven years before they see a return on investment. With an ICO in contrast, the expectation is that in a matter of weeks coins will be trading on an active market and generating returns and cash flows for investors. It's