That's sort of myth for that guy when you've told him if he's on it or not. I guess that he's thought that launchpools are only for gurus.
But if that's not the case, maybe he thought that only gurus have enough money to invest into launchpools. I haven't heard any of these myths about it.
Or the likely of the investors who can only invest there are with money, piles of money or a lot of holdings in crypto.