Originally Posted by
Rebelondeck
The pitches usually attempted to skirt potential risks with a project; LIEs often seem to think that they can handle any problem ad hoc and in theory, that could be true but the devil is in the details. What bites them in the ass bites the customer or backer of the project. In half the cases, it's not deliberate because LIEs seem to downplay risk or the unknowns even to themselves so it's usually up to the third party to uncover it. The audience, once burnt, distrusts the LIEs abilities so they usually have to move on.
a.k.a. I/O