Ask HN: How would you change the startup fundraising model?

The emergence of startup development methodologies, especially “lean startup,” brought some predictability to the stages a startup has to go through, from idea to a self sustainable business. Coupled with analytics tools, it was never easier to understand what activities have to be done by the founders, how well are they doing it and where they do need support. And from an external perspective, the meaningful metrics of every stage are a sufficient tool to assess startup performance, just as EBITDA is for an established business.

Do you think the way investments are made to date is lagging behind?