I can talk as a startup who took institutional capital. Our investors have been super hands on, board meetings every month, and if I need to talk to them about

I can talk as a startup who took institutional capital. Our investors have been super hands on, board meetings every month, and if I need to talk to them about something or get help with a company problem they are never more than a day or two from being able to give me a few hours. It's helped a lot. In my mind we are much, much better off for having their guidance and assistance. If you crowdfund, you aren't getting that. You are weaker relative to the companies that did. Doesn't matter if you were stronger initially, the company that got institutional capital (especially first time founders) is going to have training that gives them a huge edge. Having been on both sides of the fence, there is no question to me that good institutional capital will make a better team. Smart money goes a long way.