It’s not just funding - valley startups have a big group of experienced talent that knows how to scale in exactly the right moment. Startups and growth can die

It’s not just funding - valley startups have a big group of experienced talent that knows how to scale in exactly the right moment. Startups and growth can die by small mistakes not making these small mistakes can compound quickly. The other side is that the Valley is not a US place it’s a global tech place, the amounts of international money are staggering and additionally the number of international talent is staggering. A third thing is that markets are not rational, if your investors are from the network they will hype you in that network, so your valuation is only partially dependent on product.