Buttercoin CEO Reveals ‘Tactical Mistake’ that Lead to Company Closure

By April 15, 2015Bitcoin Business

One week after his startup’s abrupt closure, Buttercoin CEO Cedric Dahl says the wider community should be careful to learn from his experience at the helm of the US bitcoin marketplace.

Despite accruing an impressive list of investors , including Google Ventures, Centralway Ventures and Y Combinator, Dahl suggested that it was Buttercoin ‘s affiliation with larger investment firms that ultimately left it less able to adapt in a changing bitcoin ecosystem.

He told CoinDesk: "The big lesson […]

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