No, rather it's that as a founder you have limited time to expend, and spending effort getting traction will have a much larger return than trying to optimize for the various requests of angel investors.
There are also enough quality investors out there who use signals other than hand-wavy financial reports that you could be spending your time to get.
There are also enough quality investors out there who use signals other than hand-wavy financial reports that you could be spending your time to get.