The blockchain start-ups that have done ICOs are just at…
“The blockchain start-ups that have done ICOs are just at the beginning of something. Ask me how they are doing in a year or two years from now. I know for a fact it won't be any different from the statistics of all start-ups: 80% of them will not make it.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He predicts most blockchain ICOs will fail, similar to general start‑up stats.
In simple terms: Most blockchain startups will not survive.
Prepare for high failure rates.
Themes
Mood
Type
When to use this quote
- startup pitch
- investment decision
- product launch
Key Concepts
Questions to Reflect On
- What factors increase a startup’s chance of success?
- How to balance optimism with realism?
Overemphasis on failure may deter innovation.