The truth is that every investor will lie to you about one thing or another. They're going to try to steer you in a certain direction or use a cheesy phrase just to say no. So, it's important to be able to spot the lies and avoid them.
It's a very subtle and devious way of saying they don't want to invest.
Many investors will say that they're passionate about your company in order to get you to lower your asking price or give them more equity.
Honestly, they won't even invest a penny if you don't have a solid business idea and a business splan.
Term sheets can be tricky, especially for you as a founder. Make sure to read all the legal terms before signing it.
They believe your idea isn't going to work at all.