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Those questions probably get asked, but long before any real product exists, so the answer is optimistic or just plain imaginary. By the time the real product exists, a lot of money has been spent and there is a lot of pressure to drum up hype for a product that probably doesn’t deliver.

You'd think if you were contemplating a $10m investment in a promise-the-world startup, you'd spend the $20k to get an expert analysis of the project.

You'd think, but VCs are lemmings and the moment you convince one to invest a clock starts ticking that makes thorough diligence difficult for everyone else.

Get one person to fall for 'just trust me bro' and the hype train follows.

"It's an MVP! We're just establishing product-market fit; then we'll sort out the engineering details using the money we raised."