We need to remember that Ruby on Rails is still a relatively obscure technology in the grand scheme of things. The average CS grad straight out of college does

We need to remember that Ruby on Rails is still a relatively obscure technology in the grand scheme of things. The average CS grad straight out of college does not know RoR. Most of them are looking for jobs with Java, PHP or some other language they learned in school. The demand for Ruby on Rails developers is greater than the supply. I don't think it has anything to do with VC funding.