VCs judge startup fundraising on trust and momentum, not a fixed metric set

A social media post and an X article say venture capital investors do not price deals using one common set of fundraising metrics.

The article says rounds depend more on investors' belief in a company's path, and that benchmark ranges are unreliable because investors weigh growth trajectory and how a company compares with others in their pipeline. It advises founders to know their numbers, keep them consistent, and explain how each figure is calculated. The source is a single post and linked article, with no investor data or named deals cited.