My Dad worked for several silicon valley startups in the 60's and 70's and his advice always stuck with me. When I got caught up in the first dot com craze in the late 90's early aughts, he always told me about his experience then and told me: "Listen son, if it sounds like blue skies and bullshit, then it probably is."
It helped me steer clear a few disastrous startups right after graduating from college.
I am going to steal that line. :)
For example, sometimes in my line of work a prosecutor reads a mitigation report (pitch deck) and offers a good plea bargain because they learned something that moved them. But there are other times that a prosecutor wants to make a better offer and wants a little administrative cover. They might text me, "Send me some mitigation. Sooner is better, nothing fancy." Those are the cases with the best outcomes, but not really the best "pitch decks."
https://economics.stackexchange.com/questions/4998/is-there-...