[ttul]

$1.7B has been raised so far this year... it's a big deal.

[omarchowdhury]

There are single Silicon Valley startups that have raised that much though.

[the_stc]

In 7 months?

[kbody]

Also with pretty much no due diligence, rarely any prototypes and a majority of infeasible promises.

[pgeorgep]

It's a big deal because it seems like the only way startups can raise capital these days.

[jgalt212]

That's inane. PE and VC have raised more funds last year than since the GFC. There's plenty of cash, more than enough, cash to go around without these illegal securities ICOs getting in the mix.

And when I say plenty of cash, I am talking in the aggregate. I don't make any statements about whether or not it's being correctly distributed.