Earlier quoted context omitted.
it's amusing that you're so confident in its failure despite having the wrong information. Why would that be "despite"? That would have to be being confident in its failure despite having information that it would be a success. Surely they're confident in its failure because the information they have says it will be bad? And then your comment becomes "I'm laughing because you're confident in your beliefs" which is co…
Being confident enough to trash-talk based on hearsay is just being arrogant.
And then, after being pushed, admitting you have a vested interest in making them sound better and your job depends on it, isn't a good look.