Totally agree that the financial models are a sanity check. In a way, I guess that’s my point in the post as well.
It’s not “sane” for people pitching early stage VCs to be suggesting they’ll be cash-flow positive in 18 months. It’s a signal that the entrepreneur doesn’t understand the venture capital model or why they should be seeking funding, which, in turn, is a signal that the entrepreneur might be young/inexperienced.
Is it a complete dealbreaker for a potential investor? Probably not. But it should certainly set off some alarm bells.