Some of it is word play. E.g. investor y invites person x to an event and they chat, person x then says he is meeting with investor y, which can imply it was a

Some of it is word play. E.g. investor y invites person x to an event and they chat, person x then says he is meeting with investor y, which can imply it was a face to face meeting with just them, which then implies more interest than exists. If they compliment the idea at all then person x goes around saying investor y likes it. There seem to be a lot of defenses against this already, though. If you say something vague involving another investor you often get asked to clarify or expound on that immediately. That then breaks it down flat out to lie or tell the truth.