The part about the average size of the deal is also somewhat misleading. The difference between an average of $16M and $6.9M starts to look a lot smaller when you see recent college grads getting ~$100k/yr and office space costing you ~$80/sq ft. And that $100k/yr will start to look a lot smaller to that recent college grad each time his $3500/mo rent check is due...SV startups are essentially paying inflated real estate prices twice, once in rent, once in employee salary.