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==History== | ==History== | ||
===Early history=== | ===Early history and secrecy=== | ||
21 was founded in 2013 as 21e6, with the name being a reference to the [[controlled supply]] cap of the bitcoin economy.<ref name="wsj"/> In November, it was the subject of intense speculation after revealing $5 million in venture capital from a regulatory filing.<ref name="wsj"/> | 21 was founded in 2013 as 21e6, with the name being a reference to the [[controlled supply]] cap of the bitcoin economy.<ref name="wsj"/> In November, it was the subject of intense speculation after revealing $5 million in venture capital from a regulatory filing.<ref name="wsj"/> Co-founder [[Balaji Srinivasan]] stated that the startup's secrecy was "solely for pragmatic reasons – we didn’t have anything to say to the world,"<ref name="wsj"/> and they would not reveal their plans until May 2015.<ref name="wsj2"/> | ||
===Venture capital=== | ===Venture capital=== | ||
By March 2015, 21 raised over $100 million in venture capital from numerous investors including Qualcomm Inc.,<ref name="wsj"/><ref name="twitter">[https://twitter.com/21dotco/status/600367120178745344 21.co investors tweet]</ref><ref name="wsj2">{{cite web|url=http://blogs.wsj.com/digits/2015/05/18/bitcoin-startup-21-unveils-product-plan-embeddable-mining-chips/|title=Bitcoin Startup 21 Unveils Product Plan: Embeddable Chips for Smartphones|date=18 May 2015|accessdate=21 July 2015|work=Wall Street Journal|author=Casey, Michael}}</ref> RRE Ventures,<ref name="wsj"/> Yuan Capital,<ref name="wsj"/> Cisco,<ref name="twitter"/><ref name="wsj2"/> Andreessen Horowitz,<ref name="wsj"/> Khosla Ventures,<ref name="wsj"/> Data Collective,<ref name="wsj"/> [[PayPal]] co-founders Peter Thiel<ref name="wsj"/> and Max Levchin,<ref name="wsj"/> eBay Inc. co-founder Jeff Skoll,<ref name="wsj"/><ref name="wsj2"/> Dropbox Inc. CEO Drew Houston,<ref name="wsj"/> Expedia Inc. CEO Dara Khosrowshahi,<ref name="wsj"/><ref name="wsj2"/> Zynga Inc. co-founder Mark Pincus,<ref name="wsj"/><ref name="wsj2"/> and former ARM Holdings PLC CSO Mark Templeton.<ref name="twitter"/><ref name="wsj2"/> | By March 2015, 21 raised over $100 million in venture capital from numerous investors including Qualcomm Inc.,<ref name="wsj"/><ref name="twitter">[https://twitter.com/21dotco/status/600367120178745344 21.co investors tweet]</ref><ref name="wsj2">{{cite web|url=http://blogs.wsj.com/digits/2015/05/18/bitcoin-startup-21-unveils-product-plan-embeddable-mining-chips/|title=Bitcoin Startup 21 Unveils Product Plan: Embeddable Chips for Smartphones|date=18 May 2015|accessdate=21 July 2015|work=Wall Street Journal|author=Casey, Michael}}</ref> RRE Ventures,<ref name="wsj"/> Yuan Capital,<ref name="wsj"/> Cisco,<ref name="twitter"/><ref name="wsj2"/> Andreessen Horowitz,<ref name="wsj"/> Khosla Ventures,<ref name="wsj"/> Data Collective,<ref name="wsj"/> [[PayPal]] co-founders Peter Thiel<ref name="wsj"/> and Max Levchin,<ref name="wsj"/> eBay Inc. co-founder Jeff Skoll,<ref name="wsj"/><ref name="wsj2"/> Dropbox Inc. CEO Drew Houston,<ref name="wsj"/> Expedia Inc. CEO Dara Khosrowshahi,<ref name="wsj"/><ref name="wsj2"/> Zynga Inc. co-founder Mark Pincus,<ref name="wsj"/><ref name="wsj2"/> and former ARM Holdings PLC CSO Mark Templeton.<ref name="twitter"/><ref name="wsj2"/> | ||
===Embedded mining=== | |||
==References== | ==References== | ||
<references/> | <references/> | ||
Revision as of 18:41, 31 July 2015
21 (formerly 21e6) is a Bitcoin startup founded amidst the November 2013 bubble. In March 2015, they announced having raised $116 million in venture capital.[1]
History
Early history and secrecy
21 was founded in 2013 as 21e6, with the name being a reference to the controlled supply cap of the bitcoin economy.[1] In November, it was the subject of intense speculation after revealing $5 million in venture capital from a regulatory filing.[1] Co-founder Balaji Srinivasan stated that the startup's secrecy was "solely for pragmatic reasons – we didn’t have anything to say to the world,"[1] and they would not reveal their plans until May 2015.[2]
Venture capital
By March 2015, 21 raised over $100 million in venture capital from numerous investors including Qualcomm Inc.,[1][3][2] RRE Ventures,[1] Yuan Capital,[1] Cisco,[3][2] Andreessen Horowitz,[1] Khosla Ventures,[1] Data Collective,[1] PayPal co-founders Peter Thiel[1] and Max Levchin,[1] eBay Inc. co-founder Jeff Skoll,[1][2] Dropbox Inc. CEO Drew Houston,[1] Expedia Inc. CEO Dara Khosrowshahi,[1][2] Zynga Inc. co-founder Mark Pincus,[1][2] and former ARM Holdings PLC CSO Mark Templeton.[3][2]
Embedded mining
References
- ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 1.15 Casey, Michael (10 March 2015). "Secretive Bitcoin Startup 21 Reveals Record Funds, Hints at Mass Consumer Play". Wall Street Journal. http://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/. Retrieved 11 March 2015.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Casey, Michael (18 May 2015). "Bitcoin Startup 21 Unveils Product Plan: Embeddable Chips for Smartphones". Wall Street Journal. http://blogs.wsj.com/digits/2015/05/18/bitcoin-startup-21-unveils-product-plan-embeddable-mining-chips/. Retrieved 21 July 2015.
- ↑ 3.0 3.1 3.2 21.co investors tweet
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