What's wrong with Wint Wealth?

I'm a part of Infinyte Club which is an online platform for investing in startups and also helps with ESOP liquidity, just today they announced that they have gotten an allocation of 75L in Winter Wealth and their users can invest in it and this got subscribed in under two hours. This makes me think:

1. With investors like eight roads on the cap table why are they going to syndicates like Infinyte to raise funds? I would view this as something negative since this is too small an allocation, does this mean that they are unable to raise?

2. Which fools are angel investing at a startup which is valued around $80M (valuation based on the terms given by Infinyte). I understand it's a popular Fintech but you gotta be stupid to invest at this valuation.

Thoughts?