So Fred Wilson and co. are fine as long as they do not "deceive"? I suppose that still exposes them to the possibility that they might have to defend themselve

So Fred Wilson and co. are fine as long as they do not "deceive"? I suppose that still exposes them to the possibility that they might have to defend themselves to prove that they have not "deceived"? Ah, the perils of the internet age. I wonder if general liability insurance policies cover those types of claims?