Do you imagine the VCs had to sell all their clothes and are now walking around wearing barrels held up by leather straps, before they retire for the evening to a cardboard box over a steam vent? You really think they had to cut back their Dom Perignon budget over this loss? Do you think they were "strongarmed" by this investor?
There is what is for them a teeny tiny pie, and rather than demanding their small slice back they said "you know what? Go ahead without us. Bon Appetit :)"