What advice do you give companies that go that route so that nothing they do in earlier rounds ends up as a black mark on the schedule of exceptions? How are c

What advice do you give companies that go that route so that nothing they do in earlier rounds ends up as a black mark on the schedule of exceptions? How are companies that crowdfunded in earlier rounds being received by traditional VCs? What do they check for before making any investments in a startup that took non-traditional finance in early rounds?