> Jordan Segall, Partner at Redpoint Ventures, published an analysis of 80 developer tool companies showing that the median GitHub star count at seed financing was 2,850 and at Series A was 4,980. He confirmed: "Many VCs write internal scraping programs to identify fast growing github projects for sourcing, and the most common metric they look toward is stars."

> Runa Capital publishes the ROSS (Runa Open Source Startup) Index quarterly, ranking the 20 fastest-growing open-source startups by GitHub star growth rate. Per TechCrunch, 68% of ROSS Index startups that attracted investment did so at seed stage, with $169 million raised across tracked rounds. GitHub itself, through its GitHub Fund partnership with M12 (Microsoft's VC arm), commits $10 million annually to invest in 8-10 open-source companies at pre-seed/seed stages based partly on platform traction.

This all smells like BS. If you are going to do an analysis you need to do some sound maths on amount of investment a project gets in relation to github starts.

All this says is stars are considered is some ways, which is very far from saying that you get the fake stars and then you have investment.

This smells like bait for hating on people that get investment