[jongdubois]

I think that a lot of people are missing out. I also feel like a lot of genuinely exciting projects get drowned out by the noise created by well-funded mediocre projects.

There is a problem in society now whereby successful (sometimes well-deserving) people are helping their friends too much. I have seen really poor quality projects (with 0 growth) keep receiving funding year after year because the CEO was friends with the investor.

The marketing noise created by these mediocre projects prevents a lot of quality projects from reaching the awareness of consumers.

I often wish that all newly minted tech millionaires would just keep their money to themselves and go on a perpetual holiday to the Bahamas instead of using their money to pollute the market with poor quality projects/companies.

Funding isn't necessarily evil though, funding the wrong project is (even though it is unintentional).