Kik CEO explains why they’re doing an ICO instead of venture fundraising

 Ted Livingston, CEO of messaging app Kik, spoke on stage at TechCrunch’s event in Shenzhen, China on Tuesday. Moderator Jon Russell asked him about why the company is doing an initial coin offering (ICO), a newly popularized method of fundraising. It’s”a way to raise funding” and “a way to get money into the company,” he said about the ICO. Read More

by Katie Roof via Endless Supplies .Ca - News