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by skynetv2 3585 days ago
you are right and that was probably intentional. if not, there would be no way to determine if a startup is legitimate or not. attracting investment or funding seems to be the determining factor in this process.
1 comments

What about using growth, revenue and profitability as a factor? Wouldn't that provide a similar data point to make the decision.
If you have growth and revenue, it should be easy to get investors to invest. By outsourcing their decision, the government doesn't have to understand how to benchmark growth or revenue in every kind of business.