This sounds like a bunch of frat boys helping each other out. It’s not so much whether an idea works but whom you know. I think this is the type of thing Peter Theil mentioned about SF being monoculture. Makes me kind of sad it’s no longer about meritocracy and more about joining the club.
Title is misspelled: it should say “VCs”, not “VCS”. If you capitalize the s, it looks like part of the abbreviation. (Version control system? Video Computer System?)