With a few reservations, yeah I believe in them, and the product. The potential client list (people interested in the beta) is quite impressive, and the product is unique/powerful.
Why do you say that startups shouldn't be LLCs?
The investors have 50% voting each, not equity; the total equity split would be 7.5% each to CTO & CEO, then the remainder split between the investors; all dilutable if outside investors get involved.