Pretty easy to be dismissive of the startup scene from the outside. Reality is almost no one who raises something like $10mil is making a "social local public t

Pretty easy to be dismissive of the startup scene from the outside. Reality is almost no one who raises something like $10mil is making a "social local public transit pancake revolution". Occasionally someone does raise a lot on a bunch of BS, and it makes a bunch of news sites, but ironically those are usually founders who have proven themselves successful before (and probably could raise money in Europe with that record). No one is going to give a first time founder, California or not, that kind of money for their hipster startup.