Could this be a result of those fresh new funds eager to deploy their new capital?
I don’t have accurate data on this to be sure if my hypothesis holds up though. Especially at the seed/early stage specifically.
http://ssti.org/blog/useful-stats-share-us-venture-capital-a...
But there are programs like Google Demo Day and Rise of the Rest that are reaching beyond SV for value. Several accelerators trying to copy the YC model have emerged across the US - in Atlanta, Chicago, Austin, Detroit, Raleigh-Durham, Boulder, etc.
https://events.withgoogle.com/demoday/siliconvalley/
The other day Capital Factory in Austin announced they are kicking off a program pulling Austin, Dallas, Houston, and San Antonio under one big startup umbrella:
https://austinstartups.com/the-texas-startup-manifesto-42f06...
Without digging more I don't have much else to say on this :)
It's no different than youtube vloggers or bloggers or anyone other content creator who has to pump out content to make money.
That's why the media loves trump, kim jong il and drama. It gives them something to write/talk about.
It's almost as if taking a small number of data points and extrapolating them you can make the case for any narrative you'd like.