Tech is Alive in Austin
June 4, 2011 Leave a comment
I just spent two packed days in Austin, TX connecting with members of the technology startup community, both entrepreneurs and also the investment community. I also had a chance to spend some overdue quality time with my two nieces, Zoe (2) and Shelby (9 months). My brother Chris lives in Austin and is part of a group of entrepreneurs and investors that are really shaping Austin’s present and future role in fostering a comprehensive environment for companies to launch and thrive.
Austin grew up in the early 90’s as a technology community hub, particularly in Enterprise Software and Hardware, as the birthplace of Dell, Tivoli, Vignette and Trilogy among others. Today, slowly but surely there seems to be a newer crop of companies emerging in Consumer Internet and Mobile – HomeAway and BazaarVoice being two successful examples – and a whole slew of new and exciting startups that are getting funding locally through Austin Ventures, Silverton Partners, NEA and even outside of Austin from firms such as Boulder-based Foundry Group. Startup programs such as Capital Factory and Startup America Partnership, in addition to the large and local University of Texas, are helping to perpetuate and grow Austin’s track record of starting, scaling and exiting new businesses all while enjoying a great quality of life.
I was really energized by what is happening in Austin and look forward to my next visit.
One thing is clear, people love living in Austin and they rarely leave. And if they do, they come back. Exciting times in the heart of Texas.