WHY SILICON VALLEY IS STILL THE MOST FOUNDER-FRIENDLY PLACE TO RAISE CAPITAL

Summary from the TLDR Founders newsletter

To get a term sheet, you need to kiss quite a few frogs. To get several, you need to kiss a lot. SV is the only place in the world that has enough depth, number of investors, and amount of capital to enable founders to shop around for term sheets at scale. This competition amongst investors gives leverage to founders, making the terms they get offered more friendly.