Yep, this true not just for Detroit but for "the rest of us."
Moreso, a call-to-action, and a request to put things in proper perspective, as opposed to judging the quality of your startup against the TC darlings who raise $41mm in a series A. ;)
Without recommending a better place to look, that's just throwing stones.
You have to admit...TC has an interesting habit of glorifying the funding round, and as Gary Vee would tend to agree (see the first link in the article), what should be glorified is the bootstrapped startup that manages to attain profitability on its own.
There's a local startup we recently interviewed (article coming soon to the site) that bootstrapped it's way to roughly 3.5mm in annualized revenue in just a few short years.