One minor thing I'd pick out of this rant is your exasperation at the fact that VCs did not respond favorably to being cold-pitched.
One thing you need to understand is that VC is a networking game, not a capital allocation game. You will get nowhere without access to a couple of trusted connections. Your idea, team, market, traction, revenue, and earnings mean absolutely nothing without "knowing a guy who knows a guy".
thing was, i had a prototype and all that, my own money and I figured i can skip the first part of funding and go straight to VC, which sounded like a plan back then, but now makes absolutely no sense anymore. much more interested in business angels and people who can help refine... learned a lot right there... thanks for the comment!
One thing you need to understand is that VC is a networking game, not a capital allocation game. You will get nowhere without access to a couple of trusted connections. Your idea, team, market, traction, revenue, and earnings mean absolutely nothing without "knowing a guy who knows a guy".