Have to disagree on point 4 about Boston. I have raised VC during the boom and the bust here, it is do-able, maybe not as easy as the Valley but not impossible either. Agreed on the importance of customer traction.
I just reread my post, and I realize how point #4 sounded. It was somewhat unintentional.
Raising money in silicon valley is hard to do without being part of the silicon valley in-crowd.
Raising money in Boston is hard to do in general, but I don't think it's impossible (although I wouldn't know). I don't think we were ready to raise money when we were still in Boston, and I certainly don't blame investors for not throwing money our way at the time. We were a very different company in Boston than we were after YCombinator.
Raising money in silicon valley is hard to do without being part of the silicon valley in-crowd.
Raising money in Boston is hard to do in general, but I don't think it's impossible (although I wouldn't know). I don't think we were ready to raise money when we were still in Boston, and I certainly don't blame investors for not throwing money our way at the time. We were a very different company in Boston than we were after YCombinator.