I agree with you -- I am very much against deception, too. In this case, I think it's more like Schrödinger's box. If someone is pitching me in December, they

I agree with you -- I am very much against deception, too. In this case, I think it's more like Schrödinger's box. If someone is pitching me in December, they can make a case that their current uptick in revenue is sustainable. Without the option to wait a few months, I have to decide if I believe those claims. The claims might be spin, but usually they're honest beliefs backed by a small amount of data. But once Jan and Feb KPIs come in, the data shows if the uptick will actually be sustainable. It's like opening Schrödinger's box and finding out whether the cat is alive. Now it doesn't matter what the founder believes or hopes because I'll be looking at the data -- and often the data isn't perfect, which hurts the ability to fundraise.