An investor is a gambler. Not just on past success, although I'm sure Marissa has had some successes even if people don't know them.
They gamble on: 1) Has this person got the experience (good or bad) to run a business. A failed business leader is a better gamble than someone with no experience. 2) Does this person have a strong network so they can realistically pull in some really good people? 3) Has this person raised capital before? 4) Do they have a convincing narrative about why they have failed and what they might do differently? 5) Is the potential ROI high? 6) Do I have anything else I could invest in instead with better odds?
If I think as an Investor and not as an Engineer, I am not surprised that she has succeeded and I wish her all the best.
If you are going to pay presumably a lot more money for all of the extra detectors and electronics then they need to deliver 2 things as mentioned by OP: 1) They make sure that anyone on the crossing has time to cross rather than stopping traffic for a fixed amount of time (useful outside schools) and 2) If there aren't any people crossing, the traffic should be stopped for a short amount of time no worse than if they were just a normal Pelican crossing.
However.
Even when no-one is crossing or in some case someone crossed and is about 50 metres up the road, the crossings are still usually on red for a total of often 20 seconds, which is way longer than most Pelican crossings that are on red for usually 5 to 10 seconds max.
I don't know if no-one notices or cares but it is really annoying!