> LOL! Not even close to true. “We can do it” != “we can do it without burning billions of dollars per year”
"We can do it" = closest thing to solved. No one can say without a doubt we can do it for the other parts.
> How is that not deception in your mind?
You used "fraud". Fraud requires damages to a party. All the VCs have asked these questions and were given answers satisfactory enough to invest.
Here's a basic one they can tell investors: the top 10 cities for ride-sharing comprise 70% of the total market. It will cost $X to map and permanently have access to the vast majority of the market. We believe in addition, we can induce demand so this 70% of the market becomes a massive multiple of the current market.
If you're going to be this snarky, at least do some basic research.