How true is this? I'm not doubting you, just curious for other opinions. We're raising money currently, and our investors have told us that revenues would come

How true is this? I'm not doubting you, just curious for other opinions. We're raising money currently, and our investors have told us that revenues would come quite distant in terms of variables on if they'd invest. They love a great team, a huge user base and a lead on the market. Sure, having revenues extends your runway, but most investors seem to be of the opinion "users now, profits later". I guess my question is, would a VC prefer a massive unmonetized user base, or a much smaller user base with revenues?