Thoughts on IEM format?

I'm not really sold on the double elim groups only, then transitioning into best of series with no double elim rule applied.

A little story... Back in 2014, my friends and I entered a tournament at our local PC cafe. The format was kind of similar to this IEM, where it was double elim up until the finals (whereas IEM is semis). We ended up winning winner's finals, not dropping a game. The team we sent to loser's finals ended up winning their game and would face us in Grand finals. The grand finals was just a Bo3. We ended up losing 1-2 and were 2nd place. What me and my team didn't like about this format is that a team coming out of losers into Grand finals are given 2 chances to lose, once anytime before finals and once during finals. Where as teams coming out of winners are only given 1 chance to lose, which is the Grand finals. This kind of format just seems so flawed. I don't know, maybe I'm still salty about this whole thing lol.

Thoughts? I'm not really complaining about IEM itself, just looking for discussion on this subject.

Edit: I just had a thought that maybe they think since those coming out of loser's bracket played/won more games will justify the format.