It's Ironic how people who are really among the best and brightest in the industry, can have such different observations:

Sachin Agarwal (Posterous)

"A couple months before you're going to raise, schedule a coffee meeting with all the VCs. No pitching, no deck. We did this and it was a great way to meet VC partners in a more casual setting. If they like you, they will even help you with your pitch."

Ben Horowitz:(Andreesen Horowitz) (http://bhorowitz.com/2010/04/13/four-things-some-vcs-do-that...)

"However, many VCs who want to have coffee with me are none of the above. Worse yet, they have no agenda and no purpose. They just want to “compare notes.”

When I was CEO, I didn’t take meetings with no agenda and no purpose. I’m not sure why I should take them as a VC. Of course, when I was CEO, people knew better than to request a meeting with me with no agenda and no purpose. I think that these VCs have mammas that didn’t raise them right."