KThe article is really written from the perespective of big team projects from a publisher that secured financing without team involvement. Though the article certainly cannot cover everything, I could write several articles as long as this detailing my few good and many, many bad experiences with venture capitalists and general investors... if I werent under nda to ever speak about them publicly. Suffice to say, for indies, everything they just said mainly still applies, with the additional burdon of playing businessman to suits.
As someone who is investigating starting a kickstarter project, and as someone who has already been burned by venture capitalists in the past, let me say that the general public has no idea what an amazing, game-changing tool kickstarter is. It empowers small developers to be able to choose a path without dealing with backstabbing VCs. The general public can be harsh to deal with, but I would put way more confidence in a random dude in nebraska who donated $10 to a project being a better investor than a venture capitalist.
Seriously, many have no idea how much work dealing with investors is. I will go as far as to say that, in many instances, investors are the reason games ship in poor states.