I feel the point of PH is not to create a real business in the sense of earning money by selling you a product or service, but rather to establish personal brand equity and influencing power of the management team.
This can be useful for future projects (such as finding funding), to increase their standing in the SV community, and to establish themselves as marquee valley power brokers.
In this sense, it doesn't make much sense to add more transparency and voting control to ordinary users.
This is pure speculation and assumes the worst. So take this with a grain of salt.
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