I think that was the least-accurate part of a mostly decent answer. VCs, like most people, are trend chasers who live in a fairly constrained bubble, no matter how much they want to portray themselves as enlightened Renaissance thinkers who span across human experience and thus can offer useful insight anywhere. Sure, if you're in a trendy space (and in the Valley or one of a handful of other locations) and you refuse investment, they might throw that money at a competitor. But there's a tremendous amount of money sloshing around the world in so many more un-trendy industries and un-trendy places than anyone really realizes, and it's honestly not that hard to tap into those money flows and make an extremely comfortable life for yourself. It's just that most of the people doing that don't talk about it constantly, and they're living comfortably well, rather than making a billion dollars and buying islands.
