Although that's the most likely answer, it's also the stupid thing to do. And by 'stupid' I mean it in the "because of things like this, all of us will get fuck

Although that's the most likely answer, it's also the stupid thing to do. And by 'stupid' I mean it in the "because of things like this, all of us will get fucked in the long term, even the short-term winners" sense. I just hate this idea that you can create a company without any kind of realistic approach to making money, value it at in millions without any kind of basis and hope some rich (and dumb) buyer bites. It's opportunistic at best and dishonest at worst. It makes everyone in the milieu look like he's trying to pull this stunt, although there are plenty of honest (and profitable) companies out there not getting millions in investment because they don't try to sell something shiny.