215 karma · joined May 11, 2011
Wholeheartedly agree with your statement - but keep in mind that VCs typically get access to way more information than what's available through a crowdfunding site.
I think Zenefits is an awesome company as well. With regards to allocating a slice to the crowd, I don't know how often that will happen. At least for me personally, if I commit to invest, I typically want to invest as much as possible (trying to learn from Buffett). That would likely mean that if I was investing in a round I would prefer that no slice is allocated to non-value add investors. Could certainly debate whether or not the "crowd" is a value-add investor.
It gives me incredibly important data. I always reflect on past decisions, good and bad. It helps minimize the bad ones and maximize the good ones.
http://www.bwater.com/Uploads/FileManager/Principles/Bridgew...
Chart looks like this. https://url.odesk.com/a7och