One thing to realise is that a lot of those VCs will be junior analysts and tyre kickers looking to fill their diary. I am involved in a handful of businesses

One thing to realise is that a lot of those VCs will be junior analysts and tyre kickers looking to fill their diary. I am involved in a handful of businesses and they could all fill half of their week taking those calls, even though the investors are not serious. They conclude the call with “let’s keep in touch” even though the businesses have stellar growth and margins. If I was to take VC funding again I would combine it with taking a big slug off the table personally to derisk things. For this to make sense you would probably need to scale the business quite a bit more before that becomes viable.