In my understanding, there is a clear issue here with the understanding and separation between the present, which is a fact and the future, which is a theory.

In my understanding, there is a clear issue here with the understanding and separation between the present, which is a fact and the future, which is a theory. It is illegal to misrepresent your financial statements, thus lying about the present. But you can sell whatever you want about your future, like changing the world and making it a better place and what have you. The Silicon Valley feature is the unbelievable faith in the potential of an idea/startup. I don't think lying about your current financials or KPIs is a feature.