Agree with you. I'm actually unclear what exactly this is a decision tree for because its steps are so subjective.
Definitely isn't the decision tree from first contact to investment - that would be much deeper. It would also have to factor in how much heat there is behind the deal already - which for most seed firms is probably the most important signal! Seems accurate as a decision tree to take a meeting with someone though.
As an exercise, try running some of their portfolio companies through that decision tree and see what kind of results you get.
Definitely isn't the decision tree from first contact to investment - that would be much deeper. It would also have to factor in how much heat there is behind the deal already - which for most seed firms is probably the most important signal! Seems accurate as a decision tree to take a meeting with someone though.
As an exercise, try running some of their portfolio companies through that decision tree and see what kind of results you get.