I don't think so, judging how the ICO market is still booming right now, where almost everyday there's a new Project being born. Also investors is like playing a game, they know that sometimes they win sometimes not. Huge investors will always go for the risk its what they do for their living. Anyway, have you guys looked into this upcoming ICO projects; VTOS, MENLO, and COTI?
There are still many investors in ICOs as long as they think it is worth investing in. There are so many ICOs right now and maybe the market share is divided that's why even some projects that is worthy to look at and there are promising teams, some even failed because of lack of exposure. They need a marketing strategy that is effective and bounty hunters can help them in exposing their projects. Being reviewed by famous ICO rating sites and having a high rating is also a great way of attracting investors.
When the price of bitcoin goes up, ICO market would be able to attract more investors because those who weren't able to invest in bitcoin would think that maybe they can find a golden opportunity in the new coins.