We tried to explain that to them, but by the time they talked to us they had already written the paper and they didn't seem psyched about the idea of changing it.
I guess they picked their thesis and wanted to stick to it no matter what. The problem is that the thesis just doesn't make a whole lot of sense. The only fund that seems the slightest bit American Idol-like is Seedcamp and only because the companies they fund are dubbed winners.