Assuming someone needs or cares about VC because they work in Silicon Valley is like assuming they belong to a yacht club because they're wearing a polo shirt.
This makes me wildly curious if anyone has any rough statistics on what proportion of tech in SF is VC supported. I'm sure its incredibly nuanced and would be only a ballpark, but it would still be interesting.
People over 40 usually have been around long enough to be able raise a bit of money without pitching to VCs. Hell if you're 40 you might even have enough equity in your house to fund it yourself.