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Originally Posted by Crawford
I don't quite get Austin either. It seems pleasant enough, but I'm still confused why it's booming like it is.
It has mild winters and the surroundings aren't unattractive, and it's progressive for TX standards, but why all this hype? Why is tech concentrating there?
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Austin got a head start on becoming a tech startup hub after the Bay Area boomed in the aughts. I believe Austin is third behind the Bay Area and NYC in the amount of venture capital flowing to companies based there. Around the same time that startups started to get hot there, big tech decided to make Austin the back office to Silicon Valley. Apple, Facebook, and Google all established a large presence there within the past decade.