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I can't say that I'm surprised that Austin based VC's are more risk averse than SF counterparts. Austin based startups are higher risk for several reasons. This

I can't say that I'm surprised that Austin based VC's are more risk averse than SF counterparts. Austin based startups are higher risk for several reasons. This is the city with a start ups desperately searching for veteran engineers when their CTO is 3 years out of school... The "startup" of Austin is typically one that adds less value to their vertical than their SF counterparts, has less talented technical staff, and has very poor non-technical talent. ...But people are complaining that Austin based VC's are giving Austin based startups less love. I think some of these startups need to re-evaluate what they're doing and stop blaming VC's for not instantly falling in love with their flavor-of-the-week startup.

sunsu 11y ago
Not sure what experience is influencing your comment, but it's simply not true. I know many Bay Area based companies that are hiring more and more technical talent in Austin because they can not find it where they are. Is there more overall technical talent in the Bay Area? Absolutely, but that doesn't mean the talent elsewhere is "very poor" and "3 years out of school".
- jessegreathouse 11y ago
  You simply didn't read what I wrote. I didn't say there isn't talent in Austin, I'm saying these startups don't have it, and can't seem to attract and keep talent.