I'm actually impressed by their ignorance. I could never sleep at night knowing my product is built on such brazen lies.

Bullshitting and fleecing investors is a skill that needs to be nurtured and perfected over the years.

I wonder how long this can go on.

Who is the dumb money here? Are VCs fleecing "stupid" pension funds until they go under?

Or is it symptom of a larger grifting economy in the US where even the president sells vaporware, and people are just emulating him trying to get a piece of the cake?