> Second, the surrounding events do matter. They claimed to be raising money to build a product. Then, their efforts bogged down because they tried to build an entirely different product than they originally promised.
Let's put it differently: they raised money to build X. They attempted to build X+Y, they fucked up. Maybe they were dishonest about their plans. But in the end, they decided to give the X money back, which raises them above 99% of companies out there.
Let's put it differently: they raised money to build X. They attempted to build X+Y, they fucked up. Maybe they were dishonest about their plans. But in the end, they decided to give the X money back, which raises them above 99% of companies out there.