As a data scientist, of course I am drawn to this sort of analysis. But is the size of the fundraising market really the appriopriate target variable? The amou

As a data scientist, of course I am drawn to this sort of analysis. But is the size of the fundraising market really the appriopriate target variable? The amount of VC that can be raised is a useful number, because companies always want to be able extend their runway. But isn't this figure ultimately a proxy for numbers that are more broadly applicable? Such as: Will your company's growth accelerate or decelerate? What is the amount of "value" being created by tech? How likely are you to make money as a tech investor? (Admittedly, some of these are very difficult to measure, and there are a lot of confounding factors.) I'm curious if other people have ideas about what is useful to predict, in terms of the economics of tech.