> made-up numbers
It's important to note that in most jurisdictions you can't actually do this legally? Like, you may be able to get away with it, but it is actually illegal to sell financial services by misrepresentation?
> made-up numbers
It's important to note that in most jurisdictions you can't actually do this legally? Like, you may be able to get away with it, but it is actually illegal to sell financial services by misrepresentation?
You can say anything you want in forward looking statements in the US, within reason.
"They will have $1B in revenue by year end" is perfectly fine to completely make up.
Forecasts have to be made up by definition unless time-travel has been solved. Forecasting is very important, and using the best, most truthful data to get as close to what the future holds is the name of the game, but at the end of the day you're guessing and hoping.