There is not much substance to this article. It doesn't really even build on the title. It's just a bunch of quotes about VC funding and startup culture by a couple bloggers who live in Wisconsin and China. And, a video of a random investor from Texas.
I feel like they're riffing about an imagined startup culture that died out in 2001.
I really just meant what I posted - there isn't much to the article.
On the other hand, there is some truth to your comment. Aside from the guy who lives in China, there wasn't anything that suggested the authors had even been to California.
There are real disadvantages to living in Silicon Valley, and they didn't mention any of them. Instead, they brought up things like work culture and being showered with VC dollars, which actually aren't the big problems.
I feel like they're riffing about an imagined startup culture that died out in 2001.