It is good that the representative of the team answer to all the quections and give his arguments.
Every investor can check the arguments of each party and choose the right one.
That is why it is necessary to check all the document and arguments of each party befor investment not to loose money.
It is good that in this thread are discussed different points of view. This makes investors think and carefully check each of the parties.
Investing is a very difficult thing. Investors should be able to predict the success of the project in the early stages of its development. So you need to study everything carefully.
Unfortunately, many startups disappoint their investors and do not develop as quickly as desired, but there are exceptions. There are very interesting projects.