There is also nothing in this algorithm that seems to account for scrappiness, determination, ability to take hard hits, and a host of other intangibles that make someone a good entrepreneur. I'm not sure you can measure that algorithmically, other than possibly from past entrepreneurial experience, although that's a story better told by the entrepreneur rather than some arbitrary proxy.
If I ever take VC, I hope it's from a VC that believes in me, my team, and what we're doing, and not just whether I fit into their mold of what they think an entrepreneur should look like.