To a large extent investing is about pattern-matching. You are basically looking at the same situations day-in, day-out for years. You see what works, try to fit it in a box, etc.
This is kind of a doubled-edged sword situation though. After a certain point, you just start blocking situations out mentally. You try to take shortcuts by just looking for X. You don't react when the world starts changing. If you are in an environment where your sample is very tainted (which happens in VC), it is also very easy to actually get reinforced on situations that aren't optimal (this is why most VC funding goes to people who know each other).
I would characterise myself as someone unusually able to switch my thinking when required and I still have a long list of rules that seem basically arbitrary to an outsider (for example, if the CEO has a knighthood, the company will likely do very poorly)...and no pattern is foolproof (the obvious example is Tesla, I don't tend to invest in companies where the CEO is a habitual bullshitter...most of the time that rule works, in that case it didn't work so well).
But investing is about pattern-matching, it can be extremely arbitrary. If you are looking to raise money, I would consult with someone who understands the market you are trying to raise in (i.e. so you can pitch to that pattern...I don't think it will improve your odds of success but it will mean that the funder understands what the situation is), and remember not to take it personally.
Tesla is exactly what I mean -- they wouldn't pass most checklists. Elon has plenty of weaknesses but he has proven to be able to build good companies again and again.
I wouldn't say it's pattern matching. That works great for stocks and established companies, but with "moonshots", you're looking for things that have not existed before. Everyone looks for the next Zuckerberg, Bezos, Gates, Musk, whatever, but the pattern is there is little pattern.
This is kind of a doubled-edged sword situation though. After a certain point, you just start blocking situations out mentally. You try to take shortcuts by just looking for X. You don't react when the world starts changing. If you are in an environment where your sample is very tainted (which happens in VC), it is also very easy to actually get reinforced on situations that aren't optimal (this is why most VC funding goes to people who know each other).
I would characterise myself as someone unusually able to switch my thinking when required and I still have a long list of rules that seem basically arbitrary to an outsider (for example, if the CEO has a knighthood, the company will likely do very poorly)...and no pattern is foolproof (the obvious example is Tesla, I don't tend to invest in companies where the CEO is a habitual bullshitter...most of the time that rule works, in that case it didn't work so well).
But investing is about pattern-matching, it can be extremely arbitrary. If you are looking to raise money, I would consult with someone who understands the market you are trying to raise in (i.e. so you can pitch to that pattern...I don't think it will improve your odds of success but it will mean that the funder understands what the situation is), and remember not to take it personally.