“We Never Thought of That” — When Venture-Backed Companies Undertake Reverse ICOs. Rimon’s Dror Futter writes in BitcoinMagazine
Insight Dror Futter · November 27, 2017
ICOs are not limited to new companies. Companies that have previously raised venture funding can do them as well — a phenomenon some have termed “Reverse ICOs.” The standard deal documents of the venture industry (SAFEs, Convertible Notes, Series Seed and NVCA Series A) never contemplated Reverse ICOs. Rimon partner, Dror Futter, has written about the multiple issues that can result from basing a Reverse ICO on standard venture documents. Read the full article in BitcoinMagazine here.
Mr. Futter has more than 20 years of high tech and business experience. He represents emerging companies and their investors, as well as a wide range of technology companies. More about Mr. Futter’s practice here.