I agree with the extreme risk-taking part 100%. VCs (and that's a bit of a misnomer, since real Venture Capital funds typically don't get involved until the $10

I agree with the extreme risk-taking part 100%. VCs (and that's a bit of a misnomer, since real Venture Capital funds typically don't get involved until the $100MM level or so) don't care about your business in particular, they depend upon a ~10% hit rate in their portfolio of at least 10X returns. That means they will push the executive team to take huge risks for the tiny chance of becoming a billion dollar unicorn, possibly destroying any chance of the business surviving at a more modest level. They don't want $10 million/year businesses and would rather see them go under ("aqui-fail") and move on to the next thing.