Blockchain startup Zwoop collapses following cancellation of ICO
VC-backed cryptocurrency startup Zwoop has gone into administration. According to an exclusive report by The Telegraph’s James Cook, the company’s board of directors filed for administration at the end of November last year. As a result, employees and suppliers from all over the world have been left with unpaid wages and bills, according to sources. Zwoop, founded by Italian entrepreneur Alessandro Gadotti, raised $13 million from Robert Friedland, an American-Canadian billionaire and mining tycoon. Friedland is also the founder of Ivanhoe Capital Corporation (a key stakeholder in Zwoop) and Ivanhoe Mines, a Canadian public company listed on the New York… This story continues at The Next Web
“Failure isn’t a goal. Learning is.” I wasn’t sure why, but this quote struck a nerve when I read it in Jeremiah Gardner’s article, ‘Fail Learn Fast’. I devoured the article, read it again, and spent a few minutes thinking about it.