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I'm glad he talked about the difference in funding in SF and Austin. I'm from the Austin area and absolutely love the city, but I've always wondered how Austin
by Iterated 14y ago
I'm glad he talked about the difference in funding in SF and Austin. I'm from the Austin area and absolutely love the city, but I've always wondered how Austin was so friendly to start ups when there doesn't appear to be a huge finance scene. I'm a finance guy (not a VC or anything, will be a lowly analyst at a tech company upon graduation)and SF is one of the biggest finance hubs in America. It would seem that gaining exposure for a startup seeking funding would be a lot harder in Austin.
- austingunter 14y agoIt is harder, frankly. But the counter-argument that Austinites make is that they don't need as much funding, and prefer to avoid large amounts of investment in favor of a more bootstrapped company that is (probably) more stable and a long-term business. It's a stylistic thing. Obviously, some companies require tons of funding, and are best-suited to SF/The Valley.