At what point do VCs learn to believe in bolder ideas? There are VCs outside hubs, right? If the trend if that many more small startups with bold ideas start t

At what point do VCs learn to believe in bolder ideas? There are VCs outside hubs, right? If the trend if that many more small startups with bold ideas start to win, other VCs have to become more bold, and so the difference between, for example, the Valley with their aggressive VCs and other areas would diminish. I do agree with your basic premise though.