It's a novel thing, and not in a good way, to hear the US government sounding like the dictators we used to ridicule in past decades. This is a decline that transcends the battle between left and right. No previous administration has sounded like this.

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It may seem unlikely in principle that one individual could really generate so much more wealth than another. The key to this mystery is to revisit that question, are they really worth 100 of us? Would a basketball team trade one of their players for 100 random people? What would Apple’s next product look like if you replaced Steve Jobs with a committee of 100 random people?6 These things don’t scale linearly. Perhaps the CEO or the professional athlete has only ten times (whatever that means) the skill and determination of an ordinary person. But it makes all the difference that it’s concentrated in one individual.

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It's a mistake to treat investors' reasons for rejecting you as a guide to what you need to focus on, for three separate reasons: (a) much of the time they're lying, (b) when they're not, they're often mistaken, and (c) fundraising is not the primary goal anyway.