San Francisco's VC Boom Is Over
Hard not to LOL at SF and Silicon Valley being treated as separate markets for funding.  For extremely local services, sure (like dry cleaning or a coffeeshop), they're different markets. Maybe even for a daily-commute job (although that's debatable).  For fund raising, I don't think there's anyone unwilling to Uber/drive/BART/caltrain an extra 20 miles for $1mm to $1b in funding.  You meet investors monthly at most, and more likely quarterly or annually.