Sounds like you believe you need to spend it all before you make anything.. I think you've got it backwards. If someone wants to charge you $10k a month, find their competition and get the same service from them at a higher unit rate but paid for out of actual usage. Negotiate.
"Not to mention the market might be radically different by the time you even launch."
you're making an erronous assumption-- the VC treadmill has you betting the farm on the state of the market at some point in the future.
Building a viable business means that you are less dependant on the state of the market, not more.
One company I worked for was profitably doing consulting when we took VC funding. They insisted that we close that business to "focus" on the product... the result was, when all was said and done th company ended up selling for less than the consultancy was worth and the founders got a fraction of it -- because the VC business took most of the money due to their preferences. Venture Capital killed that business. Now a decade later, the market that company was in is a huge multi-billion dollar market... if they'd kept the consulting business and kept at it for another three years-- they would have been in it when it finally did take off.
Bottom line-- you can't be frugal when taking venture capital. Keeping a viable consultancy was percieved as a threat to the business-- even though it would have allowed us to hire more engineers on the commercial side. ITs almost as if VCs want you completely dependant on further funding from them. (Or they are just totaly incompetant at business.)