APPLICATION QUESTION: Imagine you're an investor. Oftentimes entrepreneurs put basic financial projections in their pitch decks. They are always wrong. Why would you still want to see them and have a discussion about how the entrepreneur sees the business evolving? Some data is better than no data O Projections and a discussion about them will give you a chance to see whether the entrepreneur is a good thinker You want to see the anticipated monthly burn, a key measure of how much time the entrepreneur has until his cash runs out You can run tests on the projections to see if they are internally consistent. If they aren't the entrepreneur may be a croolo