This may in fact serve as
a kind of venture capital fund for new promising practices.
Not exact matches
Aileron targets lower - tech businesses because high - tech entrepreneurs that are
funded by
venture -
capital firms already get this
kind of input, says Mathile.
Should governments pull the plug on megaprojects like ITER, it wouldn't stop private - sector players like Burnaby, B.C. - based General Fusion Inc., a year - old startup by former Creo Inc. managers that has so far attracted about half the $ 50 million in
venture capital and federal research
funds it says it needs to demonstrate a
kind of «magnetized target fusion» by 2013.
It seems like the
kind of story that should be later - revealed as a joke: a crazy simple app is released with $ 1 million in
venture capital funding and then a few days later it gets hacked.
These
funds allow investors to get the
kind of instant gains that the
venture capital firms will realize.
The attacker stole the
funds — denominated in ether, the cryptocurrency native to Ethereum — from a
kind of automated
venture -
capital fund called the DAO.