Yes, it’s still risky. But at least you’re still understood because of the pervasive startup culture in SV. Everyone in SV can relate to startups. I think what’s tough outside of SV is that people don’t relate to startups. People might think you’re just weird.
There's a strong distance effect, where investors will invest more easily companies located near them. It could be that this will change after a year of experience with doing everything online, but it's been true historically.
