I lived in Austin, and did not like it, that is why I moved to Silicon Valley. Austin seems cool in theory, but it still lacks a lot of what Silicon Valley has.

I lived in Austin, and did not like it, that is why I moved to Silicon Valley. Austin seems cool in theory, but it still lacks a lot of what Silicon Valley has. They say that VC is the problem, but I doubt it. The culture is there too, but it seems to me that the main problem is talent. UT does not even compare to Stanford. It is all about people; if you don't have the right talent, no matter how much effort you put into culture, resources, or investment, innovation will still not grow. Housing is about the same if you know how to look in Silicon Valley. Silicon Valley might be cheaper depending on where you live; I do not mean East Palo Alto, I heard prices ranging from 500-800 a month in places like Sunnyvale and San Jose, all the way to Menlo Park. My place in Menlo Park is 560/month. Use craigslist/peninsula. What about Google, Apple and other hi-tech companies moving there? I suspect that they use it as satellite factories for blue collar workers, while all their white collar talent is in the Valley. Taxes are low, wages are lower, so why not outsource all the no-brainer labor to Austin? Creative and engineering talent is still in the Valley and you have to pay a high price for it. I know because I looked for jobs there for a year with no luck, when I moved to Silicon Valley I got 3 jobs instantly. Do not listen to media, they often have ulterior motives like promoting the state. The weather in Austin is too hot. Again, the main problem stays the same: NOT ENOUGH TALENT. That is just my intuition though.