I am doing IT for most of my life on earth, but now working with VCs through our MBA program, so got opportunities to see lots of things.
Other information:
1.
What I heard is above 90% of business that make to stock market are not backed up by VC
2.
VC provide more than money, they have connection/experience, their investment is a great endosement/signal
3.
There are differnt kind of VCs, with different focus. If your BPlan get denied in VC, try others...