4 ms·
Austin is a "powerhouse"?
by HelixEndeavor 5y ago
Austin is a "powerhouse"?
- hn_throwaway_99 5y agoYes, it is. Austin is responsible for a disproportionate amount of the state's economy, and certainly well over-represented in areas like tech and VC funding [1]. I'd argue that for tech-specific entrepreneurship Austin is basically right after Bay Area and Seattle (Boston and NY are also obviously up there but a lot of their funding/new company formation is around the huge builtin base in those cities in finance and biotech). [1] https://news.crunchbase.com/news/austin-reaches-top-10-in-us-venture-markets-with-record-funding-in-2019/ https://news.crunchbase.com/news/austin-reaches-top-10-in-us...