Numerous Silicon Valley tech companies have settled in Austin in recent years, but just as many are now leaving due to 'lackluster' startup scene.

A massive tech company exodus is occurring in Texas, reports show::Numerous Silicon Valley tech companies have settled in Austin in recent years, but just as many are now leaving due to ‘lackluster’ startup scene.

    • BearOfaTime@lemm.eeEnglish
      411·
      11 months ago

      I know, right?

      Crazy how many companies have left CA in recent years.

      This article is a lot of noise, but very short on actual stats.

      TX has been attracting tech biz since the early 90’s with beneficial taxing structures. I find it hilarious how people just started noticing like 3 years ago.

  • silverbax@lemmy.worldEnglish
    703·
    11 months ago

    ‘A massive tech exodus’ in the headline, then names 3 large companies who never actually moved to Texas, and 3 companies nobody’s ever heard of.

    This isn’t journalism.

  • Uriel238 [all pronouns]@lemmy.blahaj.zoneEnglish
    47·
    11 months ago

    If you have skilled, high speed workers, you don’t want your lab in a state where you can’t get healthcare, such as an abortion.

    I bet obgyns are packing up to leave Texas as well, and maternity wards will soon close down.

    • Fades@lemmy.worldEnglish
      6·
      11 months ago

      Already been happening in lots of red states, no staff to help with pregnancy

  • Bobby Turkalino@lemmy.yachtsEnglish
    243·
    11 months ago

    “I moved the company here because Joe Rogan said it was a cool place but innovation isn’t magically happening as fast as I thought it would. Bummer.”

  • DaCrazyJamez@sh.itjust.worksEnglish
    19·
    11 months ago

    Of the examples they give, half never moved there in the first place, several are moving elsewhere in Texas, and one is going to Arizona. Very misleading title.

    • edric@lemm.eeEnglish
      9·
      11 months ago

      I wish. The city itself is fine, being in Texas isn’t.

    • lolcatnip@reddthat.comEnglish
      3·
      11 months ago

      It’s ironic people use “Austin” to refer to the city itself as well as the government of Texas, and the two Austins hate each other.

  • AnneBonny@lemmy.dbzer0.comEnglish
    173·
    11 months ago

    TechCrunch is reporting that startup founders, like Techstars Managing Director Amos Schwartzfarb, are announcing their decisions to leave Austin’s “lackluster” startup scene.

    Who?