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Re:I am Sam Altman, President of Y Combinator – AMA by wnissen on Friday October 09, 2015 @01:11PM (#10361615)
This was 2007, but Paul Graham describes Boston VCs as being slow to act, so they stopped doing Demo Day out there.

http://www.paulgraham.com/startuphubs.html

Re:I am Sam Altman, President of Y Combinator – AMA by JayNeely on Friday October 09, 2015 @06:49PM (#10363705)
TechStars hasn't had a problem. Boston cohorts have raised ~$400 million in VC so far: http://www.techstars.com/companies/