I agree. Though Yo should not have a 1.3 million funding. However, any sane person would quickly recognize that investors put in that 1.3 MM to fund the founder

I agree. Though Yo should not have a 1.3 million funding. However, any sane person would quickly recognize that investors put in that 1.3 MM to fund the founders. They don't care about Yo. It may be a situation of "give some smart people who get the internets a bunch of money and hope it sticks". Which is a bit of a bubble IMO.