Earlier verifiers sometimes falsely passed spreadsheet criteria by finding the target value without understanding its location or context in the model.

“Um, you know, you, you have this, you have this Excel spreadsheet with, again, you know, 2,600 formulas, and you're asking it to check a binary, right?”

“Like net income equals 100 million in, you know, 2026. And it would, it would sometimes, you know, falsely, you know, meet a criteria because it found that number, but it didn't necessarily, you know, understand, you know, where it was looking in the, in the model.”