Most people don’t know how to interpret financial information, nor do they know how to value equity (with or without the financial context). You can look at equ

Most people don’t know how to interpret financial information, nor do they know how to value equity (with or without the financial context). You can look at equity crowdfunding to see how completely underprepared most people are for assessing company financials: pretty much every normal person defers to business leaders narratives to assess a business, and if you trust a business enough to join it, then you probably trust the leaders enough to buy their narrative — with or without financials.