First weeks in Palo Alto feel like another world…

"One thing is pretty clear, even though investors look interested in European startups, they don’t get serious unless you’re also based here. I wanted to invite a very knowledgeable investor to our startup showcase and he didn’t even blink while telling me with a big grin “I’m not interested”. I found it really funny...'

Comment a little more on that if you would. Do you think it's because of the tax and legal complications or concern about the potential to attract future talent? I've heard similar comments quite a few times now and it adds to my existing curiosity. You kind of need a first person narrative to be able to get a good picture. Thanks