Ask HN: Would you meet with a VC that had a competitor in their portfolio?

I recently got an introduction to a VC firm with an amazing portfolio. As I’m looking through the list of companies, it’s product after product I’m familiar with. Some that I love.

About halfway through the list I see one of the few companies I would consider to be a strong competitor to my product.

If you were in this scenario would you take the call with the VC?

If not, what’s the best way to decline?