Are you saying they'll miss out on a multi billion dollar profit opportunity because "it's not a short drive". Many VC firms have European offices, there's Zoom or a plane flight. Cross border investment is not a new or alien thing so dealing with taxes or regulation isn't something they can't cope with. So money not being available isn't a convincing reason.
> Are you saying they'll miss out on a multi billion dollar profit opportunity because "it's not a short drive".
Not "miss out" per se, rather a "prioritize companies in close proximity". There's a reason why a lot of the former startup turned unicorns are all concentrated around the Silicon Valley.
