| Austinite here too. I agree the funding infrastructure in Austin is lacking. I think that's a function of time though, not of interest/capability. We'll need more and more diverse funding sources to get 'there'. Generally, the way startup ecosystems go - people make a big exit, fund locally. We're still riding the first bubble (Baer et al, Trilogy etc). There's a good book on this too. Of course, that diversification is happening naturally, but yeah, we lack the funding infrastructure of a lot of other cities, and acknowledging that fact, and making that fact explicit, and not denying it ("Look we have customer service shops of big companies!") or a slight of hand ("SV has something different to offer, we're unique!") would be a giant step forward. Austin's not there (yet). (Also, it's hilarious how CPG is huge in Austin thanks to Deep Eddy, Rhythm, and SKU but it's not as sexy famous as even the enterprise software stuff.) |