I think you're focusing on the wrong things. VCs (largely) want solid personal relationships with their companies and that's something that's not happening ove

I think you're focusing on the wrong things. VCs (largely) want solid personal relationships with their companies and that's something that's not happening over skype/hangout anytime soon. A few thousand dollars on flights also isn't a big deal when you're investing millions; time is much more important than money. Your best bet would probably be to: (1) Get solid local VCs who other (non-local) VCs are happy to co-invest with. (2) Build thematic clusters, because a partner at a VC who's interested in multiple companies in an area is much more likely to fly out then for an individual company.