| I was there for 2 years. More or less confirmed. Austin had a lot of chances to steal the show, but there's a lot of cultural challenges there. As well a lot of the tech companies there are coddled in that they expect to pay way under market[1]. Public transit is a challenge in Austin because you get, essentially, 3 months of over 100f daily highs. Anyone who can afford a vehicle with AC is highly incentivized to not take public transit. The experience of 1. having to put on sunscreen everywhere you go, 2. cooking in 100-105f, 3. Transit currently sucks[2] 4. No one wants to invest in infra it appears no one uses... It's a pretty difficult vicious cycle to break. The train on the west side being a notable exception. Some other rapid fire surprises: - Tech meetups were far fewer (more crypto and sales like than true communities) - "Startup" often meant consumer/lifestyle brand than pure tech plays - Anecdotally, there seemed to be culture kind of negatively reacting to those who wanted to try for more in their life, kinda like holding eachother down, maybe "Crab buckety" in the sense that a lot of people had small dreams, and couldnt understand or support those who had bigger dreams. [1]: (some of the bigger names do have good pay, but lots of littler names have no clue what a nationally competitive offer looks like) [2]: Crazy anecdote. One time I flew into austin south airport and was shocked to find an uber to my friend's house was ~$100 when it was normally $40. I was then incensed and aimed to try public transit. That meant i had to take an airport south to main terminal shuttle, wait for a bus that had very poor website and nearly no one could help me with. It did not go to the train line, so it was about a 1 mile walk there. I dragged my bag to the train only to find out they do not run on sundays? What kind of podunk town doesn't run the train 7 days a week? (it wasn't a holiday) |
I'm curious what crab bucket community you were part of, that's not what I've seen. I do think capital factory is truly awful at fostering community and takes a lot of energy out of the ecosystem.
The biggest issue Austin has always had is outside of "trilogy mafia" and bazaar voice and maybe now homeaway there isn't really an active investor class, it's was a lot of tire kickers playing investor wasting people's time, even in the era of cheap money I knew many startups that couldn't get any funding until they flew out to CA.
Supposedly a lot of engineers moved here from other states during that period, maybe that's the problem?
idk, I know a lot of artists left, many have come back but not all.