At some point in time, every entrepreneur runs into some issue with their VC investors, I think.  Here is a link to a particularly unfortunate story by Steve Blank.  I am distressed to say that I am aware of several such situations.  Perhaps this will not be a surprise, but I don't believe that in any instance the VC is both aware of the entrepreneurs feelings and aware that the VC has contributed to the situation.  In most (all?) cases, it does not matter much to the VC because the VC has lots of venture he or she can back.  In one type of situation I believe it may matter. That is the case of the serial entrepreneur who has delivered a good exit.  There are precious few of these (and they don't win every time, but the way).  But, VCs like to back them, and they have the best odds.  If a VC has worked with a winner, and that winner wont come back to them, that may be a big failure with a potential financial consequence.