There have been a few multi-million-dollar VC deals in NYC - I'm working with 3 companies that have gotten funded since last fall. They're the exception, thoug

There have been a few multi-million-dollar VC deals in NYC - I'm working with 3 companies that have gotten funded since last fall. They're the exception, though, and I think the OP's point remains valid - whether it's the norm for your environment or the result of the economic downturn, most of us aren't in the Valley bubble and need to focus on short time-to-market and organic, revenue-driven growth.