Predicting Startup Funding from Freely, Publicly Available Web Information

Similar article from 2019 (published with peer review): Antretter, T., Blohm, I., Grichnik, D., & Wincent, J. (2019). Predicting new venture survival: A Twitter-based machine learning approach to measuring online legitimacy. Journal of Business Venturing Insights, 11, e00109.

Also see their work on Business Angel investing.

https://oa.mg/work/10.1016/j.jbvi.2018.e00109

"...We consider in this paper the problem of predicting the ability of a startup to attract investments using freely, publicly available data... As illustrated in our experiments, the method we propose yields results comparable to the ones making also use of structured data available in private databases..."

PDF: https://arxiv.org/pdf/2204.06479.pdf

How can this be useful to investors? Can this predict when a startup is going to get more funding x months later (vs current funding)? That would be much more useful imo

That's what runway is no?

We spend X month. We have X*y in the bank We have y Months of runway before needing another investment round or being profitable or die