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Silicon Valley investors line up to back Telegram ICO

Silicon Valley investors line up to back Telegram ICO

What happens when cryptomania invades venture capitalism? Some of Silicon Valley’s leading investors are lining up to buy into a much-hyped initial coin offering by Telegram, the encrypted messaging service that is seeking $1.2bn to build a virtual eco...

FT News in Focus · Financial Times

January 26, 201810m 51s

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Show Notes

What happens when cryptomania invades venture capitalism? Some of Silicon Valley’s leading investors are lining up to buy into a much-hyped initial coin offering by Telegram, the encrypted messaging service that is seeking $1.2bn to build a virtual economy within its app. Ravi Mattu asks the FT's Chloe Cornish and Jonathan Guthrie to explain why. 

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