Why would Recursive Ventures Managing Partner Itamar Novick pass on a founder?

Can you share some of the reasons why you might say no to a founder?

Yeah, I mean, the honest truth is, and that's also something that folks outside the business don't necessarily talk about enough, is that guess what? 99% of the time we say no. It's draining to say no. And for me, the main reasons why I say no these days, and I'm a pre-seed investor like you, which means very early on, not a lot of proof points, but what I focus on is Team and TAM, total addressable market. So when I think the team is necessarily incomplete or they're not really very fundable for various reasons, they don't have the right skill sets to do what needs to be done, they don't have the subject matter expertise, they don't understand their space well enough, then, you know, those could be good reasons, unfortunately, to pass on an opportunity.