This is all very true. The one possible exception would be entrepreneurs who can’t access the experienced, professional investors, because they don’t have the r

This is all very true. The one possible exception would be entrepreneurs who can’t access the experienced, professional investors, because they don’t have the right educational or personal connections. If these people exist, then public investors can find great opportunities that established ones are bound to overlook. Since the startup world isn’t quite as meritocratic as it pretends to be, and is arguably less so than it was 20 years ago, I’d say that yes, there are investment bargains like this to be had.