Yes my point was that when putting in that kind of money and to adequately compare tokens, the market cap does seem to matter.
I get your point on missing out on a whole class of investor though, and that very well could be the case.
Regarding the Hedge Fund, I met with them back in late 2017. They liked the idea of steemit.com and the potential and were looking for some kind of equity stake in it, but didn't go much beyond that. Said that was more interesting to them than buying the tokens. Steemit,Inc never responded to them either way though.