The thing about VC funding is that however it starts out, it is guaranteed to end badly. The goals of the creator are to make a great product and a healthy business. The goals of the VC are to put in some money, pump the hell out of their investment, and exit with more money within three to five years. To hell with the business.
If you care about what you are creating this process will leave you miserable and broken, which is a very good reason to avoid it like the plague.