Access to "dry powder" is one thing. But will deal flow from non-traditional tech hubs increase or will those founders be able to track down funds that are willing to invest?
I have no idea, but I will say that there is more money than deals at the moment. Been the case for as long as I can remember. There has always been a talent shortage in the startup world.
What I am seeing is that it still comes down to risk. Not following your use of "dry powder" or "non traditional tech hubs." At the end of the day investors generally have fund rules that permit only limited investment in "alternative investments" because of a lack of focus and a heightened risk.
Interesting Steve, it will be interesting to see if the movement of tech workers moving to work remotely for less-expensive areas will shift that, more talent in those cities should lead to more opportunities for investment.