The investor who told me 'your margins are fake' and walked out of the pitch

I was presenting my coffee cart numbers in Austin last spring and this guy from Chicago, after 10 minutes of silence, said 'your margins are fake because you didn't count spoilage across three delivery stops per day' and then he just left the room, which made me redo my entire spreadsheet using a 12% waste factor and now I wonder how many other assumptions I'm blind to, has anyone else hit a moment where one stranger's throwaway line wrecked your whole model?

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