Boston is, at its heart, a Puritan settlement. This has been used as a sleight against Boston, but I don't mean it that way. But it is a word that captures the essence of what I mean.
A superficial example shows itself to visitors immediately. Most people who visit Boston come away thinking the people are cold and unfriendly, especially if traveling from a very outgoing culture like you find in, say, California.
Having lived here, I can say, this is often true, Bostonians are not known for being welcoming of outsiders. But they are extremely loyal, honest, and dependable as a rule as well. If a Bostonian tells you they will be at your party next weekend, they probably will! I had some trouble adjusting to the fact that this isn't really assumed in other places (California...)
Another is the work ethic. Bostonians (as a rule) abhor flash and glamour. They prefer good old fashioned hard work. Leave the get rich quick schemes to New York, we will get rich slow.
I think that Boston needs to adjust to the pace that the tech world works at, and I think it will take some time. But, then again, the tech world will probably also benefit greatly when the deliberate wisdom of Boston again rises in the tech world.
And it will. Eventually.
To be fair, Cambridge, where I really live, has a culture of its own, and is often more reminiscent of Berkeley than Boston. But when you're talking about money, for the large part, you're also talking about Boston. Also, even in Cambridge, the focus is still definitely much more on academic achievement than entrepreneurial achievement.