This is an accurate description and one that projects need to understand as well. A few now choose to run their own, which is fair and of course good to hear. But they do not realise the amount of spam and useless bounty hunters that encroach on the site. They are only there to earn stakes, as much as possible, for dumping at the earliest moment.
Good campaigns have a similarity in good managers who not only keeps participants happy but give good value to the project by ensuring quality members and weeding out the spammers.
Bad managers give a bad reputation to the project. This can be even detrimental to the ICO.