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View Full Version : The Next Big Bitcoin Startups Interview w/ BitAngels Member




FSP-Rebel
06-05-2013, 02:02 PM
http://www.youtube.com/watch?feature=player_embedded&v=nJebxb4B8Bo

BitAngels began as a small idea – sort of a side bar during the technology conference – that somehow turned into the Project X of startup investment organizations.


The numbers did keep growing. At the time of this writing BitAngels has over 100 Bitcoin alumni in their group made up of business owners, lawyers, programmers, and more waiting to fund up to six or seven startups in just the next few months. Early Bitcoin startups are set to receive anywhere from $25,000 to a quarter million dollars in funding at the higher levels.

BitAngels has grown so rapidly in just two weeks that they have received over 60 applications at the time of this writing, and most of them are being heavily considered. Not only that, but the group itself has spread to over 20 cities across the world, with many members offering office space in places like San Francisco, New York, and Austin.

2 of my favorites tho there's more

Bitcoin Transfers Through Social Media – One BTC-based application wants to make it possible for people to send Bitcoin through Facebook, Twitter, and other social media avenues. David says this will likely be one of the first companies they announce funding for, and the idea is incredibly exciting. The easier Bitcoin is to use and transfer, the more legitimate it will become, and the marketplace as a whole will become more stable and steadily profitable. Imagine being able to send BTC to someone as easily as you would a tweet or FB message, that would trump even PayPal transfers.:cool:

Compliant US Exchanges – This is a biggie. David says, “There aren’t that many exchanges in the US that have navigated the regulatory problems and regulatory issues around being a money transmitter.” And, right now, we’re all currently under the mighty whim of Mt.Gox or one of the other exchanges that, let’s face it, are just a nightmare to fund and trade on. With the upcoming new US exchange launching soon, we can not only have a more convenient US alternative to Mt.Gox, but make sure we are completely compliant with the US government, which is a really good thing – it provides more legitimacy to the currency. We want to be friendly with the feds – you know, take them out to dinner, show them a good time, but definitely don’t enter into a monogamous financial relationship.
More interesting content at site or in interview.