Philly VCs want 3x, I pressed this q on a panel in Philly, they literally spelled out that they want founders to show them a validated formula where they insert

Philly VCs want 3x, I pressed this q on a panel in Philly, they literally spelled out that they want founders to show them a validated formula where they insert $10mm into adwords or something, press Scale button, wait a couple years, $100mm IPO of which they get 30%. It just didn't really jive with what I know about tech and hypergrowth startups.