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My question too. Having lived in Seattle it seems like every time tech boomed there were stories about it becoming the next SV and every time there was a genera
by johngossman 3y ago
My question too. Having lived in Seattle it seems like every time tech boomed there were stories about it becoming the next SV and every time there was a general tech recession there were stories about how it had failed to become the next SV. This article seems very anecdotal and some of the anecdotes contradict each other: Austin has become too crowded and expensive, so companies are moving back to California; Austin doesn’t have a big enough “scene”, so one company is moving to Tulsa?
- alephnerd 3y agoIme, the Austin startup and tech scene is BizOps and SalesOps SaaS driven. This isn't too surprising as CS, Sales, and PS teams for most major companies have clustered in ATX. There is deep tech stuff but it ends up leaving for the bay in order to scale. That said, it's a strong regional hub and def 3rd best after the Bay and Seattle. Cloudflare, Crowdstrike, IBM, and Oracle's investment in ATX will help it massively
- peanuty1 3y agoYou think Austin is a bigger software/tech hub than NYC?
- alephnerd 3y agoAbsolutely. The network is much stronger in Austin over NYC, and there is a better established pipeline between the ATX scene and the Bay plus Seattle. Also, I've found Texans operate on a similar wavelength as other West Coast folks. And you can't discount the absolute behemoth of a pipeline UT Austin and IBM Austin is - something that no university in NY-NJ can compete with (come at me salty Rutgers and Columbia bros /s) Austin is big enough that you can have a self sustaining ecosystem, but small enough that you can still experiment. On top of that, there are enough early career PMs, Sales, SWEs in the area to get startups off the ground. I've also found the NYC scene to be immature and piggybacking off European/Israeli founders trying to build a US beachhead due to American VCs. I simply can't think of a recent major IPO from an organically grown NYC tech startup. Spotify was large, but largely built out of Sweden.