Ah but this is a Keynesian beauty pageant. The solution is not so simple. https://en.wikipedia.org/wiki/Keynesian_beauty_contest https://en.wikipedia.org/wiki/

Ah but this is a Keynesian beauty pageant. The solution is not so simple. https://en.wikipedia.org/wiki/Keynesian_beauty_contest https://en.wikipedia.org/wiki/Keynesian_beauty_contest (What I'm saying here is that if an investor believes other investors won't fund the founders, even for stupid reasons, they should pass too.)