This is the epitome of annoying SF bashing. It's fine if you don't like the Bay Area, but only a VC trying too hard to be trendy could come to the conclusion that it's some kind of hellhole. https://www.nationalreview.com/2019/04/san-francisco-decline-failed-government-policies/ …
I never thought about it that way, but I think you're absolutely right. It's the same confirmation bias that gave us "Trump country diner journalism".