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by DennisP 2244 days ago
From a brief google, Uber's seed round is up 5000X so that beats my example. But Ethereum did pretty well; their equivalent of a seed round was in 2014, when one Bitcoin was worth $600, and as of today they're up 700X since then. That's down 85% from their peak of 4600X.

And I'm guessing the Uber seed round wasn't available to the average investor. If you just look at the public companies available to everyone, another quick google says the best in the last decade was Netflix at 40X gain.
1 comments
arcticbull 2244 days ago
> And I'm guessing the Uber seed round wasn't available to the average investor.

If you ask the SEC the majority of ICOs aren't available to the average investor either, and never should have been. Because the vast majority are pure, hot, unadulterated garbage like Dentacoin and IOTA - which emulates a ternary computer for literally no reason anyone can identify.

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DennisP 2244 days ago
Nevertheless it was available and the SEC is fine with Ethereum today. In any case, as far as the Crypto Fund goes my second paragraph was irrelevant anyway.
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arcticbull 2244 days ago
If you include crime, you can't beat the ROI of a successful bank robbery, though, even if the DOJ retroactively decides not to prosecute.
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