Noreen Weiss contributes to IR Global roundtable discussion on “Fundraising via ICO”
What are the disadvantages and advantages in your view of using an ICO as a method of fundraising, as opposed to a more traditional IPO or private equity route?
One of the basic things that some issuers find advantageous about an ICO, as compared with traditional methods of raising money by selling equity or convertible debt, is that they are not giving up equity. There are two primary reasons to consider at an ICO. One is to raise money without giving up equity, and the second is the ability to raise large sums of money to fund a developing business that is not much more than an idea– Noreen Weiss, Session 1: Why Use an ICO?