“Bitcoin may be more popular — and pricey — than ever before, but its entrepreneurial ecosystem is still a work in progress. Now Plug and Play Tech Center, which has three locations in Silicon Valley and which was a seed investor in PayPal, has announced the opening of an accelerator program exclusively for Bitcoin-related startups. The accelerator will be located in Sunnyvale, Calif. Each participating startup will receive a $25,000 seed investment in exchange for a 5 percent equity stake, Saeed Amidi, the founder and chief executive of Plug and Play Tech Center, tells Entrepreneur.com. ‘In special cases, we can go up to $100,000,’ he says.”
http://www.entrepreneur.com/article/229960
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Mocking Germans Adds Irish Insult to Banking Injury
Imminent Iran nuclear threat? A timeline of warnings since 1979.
Bitcoin Mania Grips China
Pentagon, scientists closing in on rapid DNA technology
Russia pulls out of decade-old drug control agreement with U.S.
Asia's Wealthy Outnumber North America's For The First Time
Billions set aside for post-Saddam Iraq turned up in Lebanese bunker
Honduran Man Killed Himself After Being Separated From Family at U.S. Border
MasterCard joining push for fingerprint ID standard
Steinway Agrees to Be Bought by Paulson for $512 Million
Guy Who Started Alabama’s Secession Petition Wants His Topless Car Wash Back
Barclays account shutdown raises Somali fears
German Constitutional Court Rejects Calls to Block ESM Fund
China detains Bitcoin fraud suspects
China downgrades U.S. credit rating, accuses of 'holding world hostage'