Can’t help but feel like they could literally just take a trip outside SV and get: 1. Easier access to deal flow 2. Lower valuations 3. Less competition If any VCs are interested, HMU I can show you strong deals your peers saw way before you because they looked @ Miami + deals your peers haven’t seen because I live here & I am plugged in.
A trip to the east bay also yields all of those things, but traffic is brutal so VCs stay in SF & the peninsula.