You don't need to jump to conclusions and put religious faith into your investment decisions, but a lot of investors do and probably haven't yielded worse perfo

You don't need to jump to conclusions and put religious faith into your investment decisions, but a lot of investors do and probably haven't yielded worse performance for it. My argument is that the financial model presented during the pitch is a waste of a great deal of effort because it is inaccurate and futile. As someone running a seed-funding business, you are relying on a piece of financial fiction to make a decision about whether to fund. Do you really care about the forecasts or just the metrics that are more difficult to fudge? Could the model be distilled to something more useful that isn't even a model? I suggest the following exercise: among your investments that survive, reconcile the early financial model with current performance and market analysis. How accurate were the estimates? This is ultimately an exercise in creating an illusion of certainty and competence: can an entrepreneur sufficiently obfuscate a business opportunity so that the investor doesn't look bad?