3 ms·

How can Chicago be below Austin? Chicago has Groupon, 1871, and Lightbank. Austin's downtown doesn't even compare to Chicago's downtown. It's horrible.

nostrademons 6y ago
You're right; Chicago should be Tier 3. Editing the list a bit. There's a bit of a per-capita effect, though, where Chicago has a much larger population and many more other industries than say Austin, Boulder, or Portland, which makes them seem more tech-based even though the absolute number of firms & VC dollars is less.
- throwawaygh 6y ago
  It just depends. Plenty of great fintech in Chicago because of CME. Also plenty of great biotech in Chicago. The SFBA B2C thing is not great in Chicago. IMO that's a retired man's game, but I thought bitcoin was dumb in 2010 so wtf do I know.
dvtrn 6y ago
Lived in one, now a resident in the other, Austin's downtown doesn't even compare to the downtown of the other major cities in its own state, if you even only talked about public transit. Going east to west is a nightmare of transfers, going north to south (in non-COVID times) is a nightmare of sitting on either Guadalupe for an hour to go two miles or sitting on Lamar for an hour to go two miles. And that's IF your CapMetro bus is running on time that day. You'll do marginally better driving your own car if you catch that section of Guadalupe going south right at the perfect time when the lights slowly cascade to green as you approach Riverside. (Course the tradeoff here in Chicago is looping the block endlessly looking for a parking spot, but in non pandemic times, I'd trade the CTA for CapMetro in a heartbeat)
- ketamine__ 6y ago
  I'm not anti-Austin. I would live there for a year if the cost of living was cut in half. I just don't think the value is there.
  - dvtrn 6y ago
    Oh my apologies, I was hoping to concur but not paint you as anti-Austin as an individual. Sorry if my eagerness to agree gave the wrong impression. And I even agree with you hear, now: I'd very likely move back for the same reason and if the council would stop caving to vocal minorities representing "neighborhood councils" who seem quite effective at derailing transportation planning.

nostrademons 6y ago

You're right; Chicago should be Tier 3. Editing the list a bit. There's a bit of a per-capita effect, though, where Chicago has a much larger population and many more other industries than say Austin, Boulder, or Portland, which makes them seem more tech-based even though the absolute number of firms & VC dollars is less.

throwawaygh 6y ago
It just depends. Plenty of great fintech in Chicago because of CME. Also plenty of great biotech in Chicago. The SFBA B2C thing is not great in Chicago. IMO that's a retired man's game, but I thought bitcoin was dumb in 2010 so wtf do I know.

dvtrn 6y ago

Lived in one, now a resident in the other, Austin's downtown doesn't even compare to the downtown of the other major cities in its own state, if you even only talked about public transit. Going east to west is a nightmare of transfers, going north to south (in non-COVID times) is a nightmare of sitting on either Guadalupe for an hour to go two miles or sitting on Lamar for an hour to go two miles. And that's IF your CapMetro bus is running on time that day. You'll do marginally better driving your own car if you catch that section of Guadalupe going south right at the perfect time when the lights slowly cascade to green as you approach Riverside. (Course the tradeoff here in Chicago is looping the block endlessly looking for a parking spot, but in non pandemic times, I'd trade the CTA for CapMetro in a heartbeat)

ketamine__ 6y ago
I'm not anti-Austin. I would live there for a year if the cost of living was cut in half. I just don't think the value is there.
- dvtrn 6y ago
  Oh my apologies, I was hoping to concur but not paint you as anti-Austin as an individual. Sorry if my eagerness to agree gave the wrong impression. And I even agree with you hear, now: I'd very likely move back for the same reason and if the council would stop caving to vocal minorities representing "neighborhood councils" who seem quite effective at derailing transportation planning.