If you can get it (at a fair price) and you have a plan, taking VC money will almost always be +lifeEV. It’s much better to fail big than fail small.
That said, you shouldn't take money unless you think there's a good shot at success. I've done a VC startup and the overall hassle, stress, and lost time made me want to take a job (a good one) in preference to most things that don't seem like sure bets at the start. My company failed because we never articulated a vision bold enough to raise serious VC. I'd probably be richer if I'd taken more risk but I'm not at all sure I'd be happier.
1. Juicero who burned through $118 million with nothing to show for it
2. bootstrapped startup with $0 funding that made profits
It sounds like you would rather be the founder of #1 and not #2? Why thoughBut still, at best he can be a mentor for when you fundraise. But would you hire him or pay him, to be a fundraising consultant?