The VCs control your board. If you don't spend the money the way they want, they can and will replace you. They might even find a creative way to dilute your st

The VCs control your board. If you don't spend the money the way they want, they can and will replace you. They might even find a creative way to dilute your stock to $0. Lots of stories like that. Taking VC is like making a deal with the devil.