Agreed. About 12 years ago, when I was starting up a company, I went through a few different interviews with VCs. In addition to being severely unimpressed with them, it just didn't seem worth the effort. The amount of money they were willing to put in, in ratio to the effort that their growth requirements would take seemed borderline abusive.

I suppose if you are creating something that requires massive amounts of capital to get started, it may be a viable choice. But anything else that can grow on its own and be profitable, your odds of succeeding are higher without VC money.

Not just one industry, the whole economy.