I'll go ahead an disagree here from Madison, WI as well. In fact, there are no less than three cool startups within a block and a half (Murfie.com, ContextClothing.com, Asthmapolis.com) of our offices. There is plenty of opportunity to land if your startup suddenly goes away.
And that doesn't even take into account the option of working remotely.
And that doesn't even take into account the option of working remotely.