Yeah, I've seen that phenomena too - there are an awful lot of people that think moving to Silicon Valley will magically make their startup successful, instead of it just being one of the first steps in a long, long journey.
The nice thing about SV is that there are folks here that actually work on tough technical problems and have the skill to match - Googlers, Yahooglers, Microsofties, researchers at Stanford and Berkeley, etc. Not to mention all the repeat entrepreneurs who have money to invest and are looking for their second big idea. It can sometimes be hard to convince these people to found a startup (well, hard to convince the tech company employees...the repeat entrepreneurs will jump on anything with a reasonable chance of success), but there's talent here.
The nice thing about SV is that there are folks here that actually work on tough technical problems and have the skill to match - Googlers, Yahooglers, Microsofties, researchers at Stanford and Berkeley, etc. Not to mention all the repeat entrepreneurs who have money to invest and are looking for their second big idea. It can sometimes be hard to convince these people to found a startup (well, hard to convince the tech company employees...the repeat entrepreneurs will jump on anything with a reasonable chance of success), but there's talent here.