
“Swiss company builder Centralway is opening a new seed and early stage investment arm that will invest $50 million per year into 20 to 30 startups — including both small seed-stage investment and larger Series A rounds. It said its ‘preferred case’ will be to do a smaller investment at the seed stage, followed by larger investment into the same company at a later round. Buttercoin‘s model is to open a local Bitcoin exchange in each country where it operates — starting with Europe (where it’s due to launch in around two months’ time) — and then partner with local money transfer businesses to gain legal compliance in the country.”
http://techcrunch.com/2013/09/18/centralway-fund-buttercoin-seed/
Related posts:
Liberty Dollars banned at U.S. Numismatic Convention
The Ominous Warning in Denny Hastert's Downfall
Hackers steal $1.2m of bitcoins from a supposedly secure wallet service
John Hussman: Memorize This, Earn a Dollar
FAA tells Colorado residents not to shoot at drones or risk fines, jail time
Dick Bove: US Assault on JPMorgan Is 'Coordinated from Above'
Report: Obama Spends $180K Per Day Undermining State Medical Marijuana Laws
Think NSA Snooping Is Bad? Check Out MPAA Theater Security
Does Facebook Help the Prosecution, But Not Defense?
'Patriot Garden' Under Attack In Orlando
CEO of World's Biggest Bond Fund: Government Has Rigged the Game Against Investors
The Man Who Sowed the Seeds of Puerto Rico’s Collapse
Obama's Response To NSA Surveillance Still Lacking Justification
Will the next debt crisis be worse than 2008? When will it begin?
Karl Rove: ‘God bless President Obama’ for killing U.S. citizen al-Awlaki