Indeed the precise wording itself is basically boilerplate that one sees all the time with startups. Though such language and sections aren't solely about cyni

Indeed the precise wording itself is basically boilerplate that one sees all the time with startups. Though such language and sections aren't solely about cynical "legal CYA", but valuable warnings to investors. I would not want to take money from investors who think they are getting a sure thing, only from people who understand the risks.