They probably remind people of the Dotcom startups and all their dirty funding. 🤷♂️
Discussion
Dotcom was just bad valuations due to opaque information. MSTR has been very transparent with BTC acquisition fund raising information.
That may be true, but doesn't change the fact that startups by percentage have horrible track records and trying to get people to forget that is still a steep climb no matter the business model.
We all know that shoving money into a business doesn't insure success. I think more people need to see the results of the proof of work before they have faith in something. It's normal.