All VCs suck
All VCs suck.
Ok, maybe that's a little harsh. But it's no surprise people think this way. I've heard too many recent horror stories where funds who have signed terms sheets pull out just before a round is due to close.
This is not even close to ok. You are putting those startups' existence at risk and ruining the reputation of the rest of us.
Note to the investors in those funds: founders talk and they will never receive good deal flow again.