Location does matter, every startup needs the proper shoutout and exposure to make it successful. Having like minded people around who guide you throughout helps alot.

Yes,

Having like minded people around who guide you throughout helps a lot.

That's what a team is.

Except it's exponentially easier to build a solid team in some places than others.

You can slice it any way you like, but location matters.

I think he's meaning more than just a team. If the community around you is like-minded and supportive, it's even better than just having a team... And it gives you somewhere to hire or expand that team from.

Another approach would be to understand the ecosystem you are in and work to improve it. The US has many things that cater to entrepreneurship, but that should not preclude people from attempting their desires within their community.

See his comment at http://hackerstreet.in/item?id=6075

The guy is not willing to drive 5 miles to meet like minded hackers & entrepreneurs, yet he complains about lack of community.

For reference: Gurgaon is a suburb located right outside New Delhi, and it is considered a part of Delhi NCR region.