Yes, there is, just as I said: they were able to convince someone who looks at thousands of companies a year, then interviews a handful of them to give them $12M. You don't think they prayed really hard to the money fairy and got their wish granted, do you?
No, you shouldn't read much more into that, but there factually is information behind the number.
Well no. It means they convinced someone to give them 12M. It says nothing about the credentials of the lender, or that those credentials are even relevant or accurate.
Not to mention that convincing a vc, regardless of clout, is not about objective profitability or anything correlated with success.
It’s about convincing a person that you can make money, and people are in capable of being objective
No, you shouldn't read much more into that, but there factually is information behind the number.