Entrepreneurs worry that crowdinvesting creates opportunities for people to steal intellectual property. This is not a problem for new gTLD entrepreneurs, as ICANN periodically updates the list of applicants on its website and is not expected to stop doing so. Revealing the amount of funding does not provide any valuable information to competitors, who have access to the same public information and would still need to crunch the numbers and have the necessary success capabilities. Another concern is that specifying the amount of funds sought would reveal private valuation information. But multiple rounds of financing are not uncommon, so the competition couldn't be sure that a request necessarily reflected an applicant's valuation or the maximum being sought. For investors, combined success and failure analyses of the first round can provide more performance information than is typically available with a crowdinvesting project. The reduced risk can draw a bigger pool of investors, giving the applicant an advantage and creating a win-win source of financing.