Why will a startup company prefer ICO?
Why will a startup company prefer ICO?
The concept is relatively new, and the old IPO might look safer, but some ICO benefits are just unbeatable:
- Retaining control: you are not sharing your company with an investor, you sell him a future service. That’s a huge difference, you will get the money but still control your business.
- Globalization: while some companies go door to door to find an investor, with ICO you can immediately rise money from anybody in any country worldwide.
- No regulation. That means no bureaucracy which could take months. Tech startup success is very much a matter of being first on the market. Otherwise you will be yesterday’s news and somebody else will take the jackpot.
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