Precisely; I think the maturity of the team also matters. Agile-ish is going to work better in SV where you have younger founding teams and working at the edge

Precisely; I think the maturity of the team also matters. Agile-ish is going to work better in SV where you have younger founding teams and working at the edges of technology and ideas. Waterfall-ish processes work much better with more mature and experienced teams that have deeper domain knowledge.