“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:
Greek Taxes Are So High That People Are Turning Down Inheritances
13% Trust U.S. Government – as Sirens Sound
Louisiana Drug Lifer Struggles For Freedom... Someday
Ohio Appeals Court Forbids Traffic Stop Over Unpaid Parking Tickets
Rahmaland Cigarette Tax Increases by $1 a Pack
New law will ban protesters from riding mass transit in California
It’s official: Medicare trust fund will run out of money in 8 years
19 Insane Tidbits From Ex-Employee's Lawsuit Against Google
Peter Schiff Was Right - 'Taper' Edition
Occupational Licensing Unjust, Unneeded, Increases Income Inequality
DoJ Censors Blogger For Posting TSA Documents They Released
How Far Behind Detroit Are the Finance Troubles of Chicago, Los Angeles and Baltimore?
Lavabit Owner Faces $10K Fine For Protecting Users From Federal Spying
1794 Silver Dollar sets 10 Million + World Record at Stacks Bowers Auction in NY
Russia Asks For The Impossible With Its New Surveillance Laws