Isn't the point of VC that they gamble high-risk high-reward situations because the high-reward ones pay off the failed risks? If they want to go for a safe opt

Isn't the point of VC that they gamble high-risk high-reward situations because the high-reward ones pay off the failed risks? If they want to go for a safe option, is your business a better investment than (insert safe investment options here, i don't know much about investing)? There's probably a fixed cost related to every investment(having to study your company etc) which might mean it doesn't pay off to invest in small companies.