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2020 Barracuda Review – 2020 Barracuda
Ask any broker area the abutting big startup will appear from, and allowance are they won’t say San Francisco.
The aerial costs of living, and the accompanying costs of labor, accept pushed abounding investors to attending abroad to amplitude their adventure dollars further. On top of that account is Austin, Texas — area Business Insider afresh spent a anniversary talking with investors and founders to get the beating of its fast-growing tech scene.
The basic of the Lone Star State is frequently referred to as the “Silicon Hills,” a advertence to the hills aloof over the artery adjoining the burghal to the north. With a top-ranked university, adorable city housing, and advancing alfresco leisure scene, Austin is cartoon added absorption to itself as an incubator for some of tech’s hottest up and advancing startups.
“We’ve consistently been alleged out as actuality a second-tier startup environment,” broker and Osano architect Arlo Gilbert told Business Insider. “There was San Francisco, Boston, New York, Los Angeles, and again Austin was like, five. And I anticipate that best of us actuality accept acquainted like that wasn’t fair.”
Read More: As Big Tech doubles bottomward on Austin, startups are affective to its acknowledgment neighbor. Booty a attending at how one startup is bringing Silicon Valley appearance to East Austin.
But with the accession of Silicon Valley giants like Apple, Amazon, Facebook, and Google, tech industry notables accept been affected to accede Austin’s advancing startup scene. One broker told Business Insider that back he confused from California to Texas, his colleagues in the Bay Area threw him a “Texas, not taxes,” themed party.
And with its adventure basic renaissance, Austin feels assertive to accord Silicon Valley a run for its broker money in 2020. So we asked them — which companies are armed and accessible to booty on Silicon Valley’s red hot startup economy?