in my opinion. Both IEO and ICO are a way of fundraising. i care more about the project itself. if it is a good project, i will invest in it, whether it is ICO or IEO.
Of course it depends on the project, if ICO or IEO is good and can reach hardcap then we can get big profits, but I agree that currently the IEO is better and more profitable than the IEO.