I could rephrase to “too much money and not enough risk adjusted places to put it.” Also I’m not particularly tapped in but in major cities in the US I believe

I could rephrase to “too much money and not enough risk adjusted places to put it.” Also I’m not particularly tapped in but in major cities in the US I believe seed is still reasonably easy to come by. Series A+ is getting tougher with rates higher than they were in ~’13 risk appetite is lower at that investment size. Sure we could have a discussion about how geography shouldn’t matter, but right now being physically close to the money is an important factor.