Here's an interesting blog post from a VC firm in SF -- discussing what they're seeing/predicting their companies will do for office work after the pandemic finally lifts. Granted -- this is SF-centric and limited to startup clients, so it's limited in scope. But at the same time it's not a stretch to say Austin is influenced by this kind of decision making.
https://blog.initialized.com/2021/01...-isnt-a-place/
Main takeaway -- because one or two versions of remote work are so ascendant, post pandemic, "Silicon Valley" is more and more no longer a place, but a cloud, a state of being, with tendrils in cities across the country.
No surprise, Austin stands to benefit no matter what happens -- as a quality of life destination, as a destination that already has a strong tech base, as a place that is easily connected up to the Silicon Valley Cloud.
At the same time, I think it also puts HQ moves like Oracle's into a bit of perspective -- even though it's certainly no startup, O has also noted how much it's going to rely on Hub and Spoke going forward.
One other thing: notice what sort of leap Austin made on the "where to start your new company" list?
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