Founding partner, Pantera Capital: the biggest regret is not investing in the ethereum ICO

Steven Waterhouse, founding partner of Pantera Capital, said recently that his biggest regret as a venture capitalist was not investing in eteum's IC0, beats beat news.

Steven Waterhouse received his PhD from Cambridge university in 1997. Before joining Fortress Investment Group in 2013, he started several successful businesses where he met Mike Novogratz. Steven Waterhouse  The original idea was in & NBSP; Set up a cryptographic fund directly inside Fortress. It didn't work. Later he became a doctor & NBSP; One of the founding partners of Pantera Capital, an encryption fund that Fortress invests in. He is currently CEO of Orchid, a decentralized V/PN services company.

When asked what his biggest mistake as a venture capitalist was, Waterhouse said he missed ethereum IC0. He had the opportunity to invest in the etheric fang ICO, but he was with COINS (BTC) core team close relationship affected his judgment: "I wouldn't say we are maximizers of COINS, but it's like, it feels like maybe people on this side of the COINS may also come up with this idea. So this kind of anarchic people do sales model of the masses, is really work? When can we have the opportunity to invest the etheric fang IC0. But we don't have to do so. What a mistake." Note: the price of ETH IC0 was $1 at the time.

Waterhouse says he still believes in decentralized, smart contract platforms. "I think eteum is still a leading example from a development perspective. If you've been to DevCon and other developer conferences, you'll see what I mean.

Ideological bias is not conducive to making the right investment decisions - even professionals such as Waterhouse can misjudge.

The original address: https://cointelegraph.com/news/pantera-capital-founder-on-what-he-learned-from-missing-out-on-ethereum 

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