You're right that close proximity to VC and tech scene is important for many people. I wonder if this will change going forward?
If a VC wants to a fund my company is the physical proximity of my office and their office really a deal maker/breaker? One of us can just fly to meet the other if the meeting has to be in person. I've actually never dealt first-hand with VCs so perhaps they require frequent in-person interaction.
Minor note: are there really that many bars in the US with Pliny the Elder and Blind Pig on tap? If so where are they. I'd like to live close-by.