The cynics among you will note that there is lots of talk at the moment, but nomoney, and until serious funding is actually announced there is a danger that all this optimism will be short-lived.
While Gansman claims he was unaware that the pillow talk was going toward trades (he received nomoney), it was not enough to convince a jury that he was guilty.
Similar stories occur when entrepreneurs build products before validating markets: I frequently talk to entrepreneurs who have done no customer development before spending time and money on product development.