How much are you investing? It seems to me that the more people invest, the worse off for everyone in terms of ROI, am I correct?
Haven't decided. Still need to see details.
As far as investment levels and dilution, there is a sweet spot up to which additional investment reduces risk and accelerates product to market and allowing more features to be created in parallel, yielding the same ROI in a given time frame. Beyond this point, the start-up is overcapitalized and diluted, reducing ROI, since there is more investment than the organization can handle. It would be like trying to make a baby in 1 month by putting 9 women on it.
Good analogy. To me, as a potential investor, the IPO looks slightly overpriced. But, there's huge potential future dilution, AND there's a pre-mine. This looks like a raw deal. No BTCs for these guys b/c they are taking BTC AND Ethers. It's a double dip. They should work to boost their stock (Ethers) to align their interests with ours. I'm just going to mine some Ethers and see how they price out in 5 years. This offers the lowest risk and lowest capital costs (assuming you already have the computing hardware).