The idea that a quantitative analysis can be performed as a means to determine the acceptability for an investment for what are fundamentally and primarily subj

The idea that a quantitative analysis can be performed as a means to determine the acceptability for an investment for what are fundamentally and primarily subjective decisions made on discrete investments with no correlation is ludicrous. At its core, VC investments are made as a combination of the experience of the investors in a particular market, the ability for the venture to convince the investors they are worth the risk, and non-quantitative factors that are highly dependent on inter-personal relationships. Long story short, if they like you and your market and believe you, they'll give you money. If not, they won't. That's pretty much the extent of any sort of "quantitative" analysis you can do here. I suspect the OP wanted to imply there was a quantitative element to their analysis so that they can assert that they don't make "shoot from the hip" decisions and it's all based on some sort of model. But it's not. There's no quantitative basis here despite their assertions otherwise. There's more analysis in your typical neighborhood investment club than what happens in a typical (poorly performing) VC.