Take all those answers with a grain of salt. Remember: He's saying "Feel free to apply" That's the same as a loan officer at a bank. They'll tell you to apply for a loan even if you're unemployed and 100k in debt. That's no guarantee that the application will go anywhere, but they want to keep the pipeline full.

In this case I think it's fair to expect more. The best investors give quick "No"s, right?