So send money to some random guy that bailed on his last coin with all the funds? No thanks.
This is a p2p currency. Once you have your coins, you got them. Noone can take them from you.
I invested and already have my coins. Why would I care if the dev bailed on his last coin?
he might bail on this one aswell.
I talked to the dev, and he didn't really bail on the other coin. He even sent 44500 coins to a community member to burn them. Then he went on a 4 day trip and everyone accused him of running away.
This time he will use the ipo funds for developement.
It will turn out great!
And if he bails, the community will step in.