This was 2007, but Paul Graham describes Boston VCs as being slow to act, so they stopped doing Demo Day out there.<p><a href="http:&#x2F;&#x2F;www.paulgraham.com&#x2F;startuphubs.html" rel="nofollow">http:&#x2F;&#x2F;www.paulgraham.com&#x2F;startuphubs.html</a>