[noduerme]

I think the notion of programmer/investors, as you put it, is mostly wishful thinking fueled by a basic lack of experience. Until people get burned, they don't realize that what you can get for $1500 on elance.com will, when it fails, end up costing you more than what you'd get for $15k from a skilled developer. If you flip the equation, you could say it's the clients who are naive until they've actually managed developers a few times and seen what they can expect for their money.