Interesting article but I think the demand side also needs some more reexamination. It is very strange that SV mantra is "teams need to move there". Doubly sill

Interesting article but I think the demand side also needs some more reexamination. It is very strange that SV mantra is "teams need to move there". Doubly silly since we're mostly talking about software companies. If you break that mentality some of the demand issues will go away. It feels like a very dogmatic mantra "it just works better". VCs should try to reexamine and disrupt startup financing by not being clustered in one place (which is one of the top arguments for moving to SV other than talent pol being there which is kind of self fulfilling). "Move to where your initial customers live" would be a decent counter-mantra. Make it a differentiator as a VC that you come to the startup and don't make them come to you.