The narrative regarding a startup is comical. I have been in the startup scene for some time and I have realized that geography can also be an advantage. Look at Silicon Valley , the place that brought you Apple, Google and Facebook, has also produced Theranos! A company that squandered billions on a bad idea that survived as long as it did because it existed in an area full of cash. You can have a great and profitable idea, but if you are not located in Silicon Valley, Boston or New York you are at a severe disadvantage of finding funding.