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
    529·
    1 year 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.

    • samus7070English
      5·
      1 year ago

      More like banking and finance. Many of them have shipped jobs out of New York and elsewhere to cities in the DFW area like Plano.