01 May '13, 10pm
Angel Investor, Spotify Fixer Shakil Khan Launches Coindesk, A Bitcoin Resource
Shakil Khan, an angel investor and advisor to Spotify, just launched Coindesk , a Bitcoin resource and news site, amid a boatload of hype and VC interest in the crypto-currency. Khan says Coindesk was a project he conceived of about four weeks ago, around when Bitcoin was surging to an all-time high. It’s now trading at around $124.38, or about half as much as it was trading at a few weeks ago. “I was just sitting there and I literally had five e-mails that day from very seasoned entrepreneurs, asking me — what do you know about Bitcoin?” said Khan, who has invested in the space. He was part of a roughly half-million dollar round in Bitpay , which is trying to make it dead simple for merchants to incorporate Bitcoin as a payments method. “There’s a lack of transparent information. Where do you go to read what’s right or wrong?” said Khan, who has been a head of special pro...