[bigdubs]

The 'quality' of a vc comes through in a lot of ways. One way is a general stamp of approval (they typically pick winners) which helps your companies reputation. Another comes from a large portfolio or a large network from which you can draw talent for hiring or source deals if you're B2B. Another way is to help you syndicate a round (get other firms involved to meet your funding goal). The most important I find is if they're going to be around for future rounds; iffy firms that don't have a track record have a habit of folding once their initial fund is spent.