27 Mar '16, 4pm

Bitcoin and Blockchain Startups Not Immune From Selective Investors

Bitcoin and Blockchain Startups Not Immune From Selective Investors

As investment in FinTech continues to rise, investors are becoming more selective in doling out money to startups, including those focused on bitcoin and blockchain. "There’s an increasing realization that [FinTech] is a specialized sector," said Jalak Jobanputra, founding partner of Future Perfect Ventures. "It's the realization that a lot of this does take extra time and the regulatory landscape is uncertain, and you need to invest in companies and entrepreneurs that understand that and have expertise and patience." The hesitancy is with both pure play venture capitalists and corporate investors. Global funding of FinTech startups reached an all-time high in 2015 at $13.8bn , up 106% from the $6.7bn invested in 2014, according to a March report by CB Insights . Last year, blockchain and bitcoin startups received record-high funding at $474m, and it was the first time tho...

Full article: http://www.coindesk.com/bitcoin-and-blockchain-startups-n...

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