Except when the projects were obvious scams like confido in where investors loss millions of dollar - great

Btw. That list above you linked is total bullshit - most of the projects are already dead.
Confido if it was an obvious scams . Then why did people invest millions of dollar. If investors have made a mistake in choosing companies for investment. This guys also made a mistake. We learn from mistakes. I think they took into account those mistakes and now they select projects more qualitatively. I see you haven't read their website well.