That assumes that VCs have a need to invest in people outside the valley or Boston. VCs would have to travel outside the country to meet potential founders (sin

That assumes that VCs have a need to invest in people outside the valley or Boston. VCs would have to travel outside the country to meet potential founders (since they don't yet have a visa) There are enough founders in those two places that VCs don't have any pressing need to jump through such hoops.