Sources: VCs with long Bitcoin experience like a16z, USV, are passing on Telegram's ICO; VCs newer to cryptocurrencies like KPCB, Sequoia, Benchmark, investing (Theodore Schleifer/Recode)

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Theodore Schleifer / Recode:
Sources: VCs with long Bitcoin experience like a16z, USV, are passing on Telegram's ICO; VCs newer to cryptocurrencies like KPCB, Sequoia, Benchmark, investing  —  The investors are not who you'd expect.  —  Some of the most prominent investors in cryptocurrency are passing …