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.ee
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      -241 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.

      • @samus7070@programming.dev
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        51 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.

  • @silverbax@lemmy.world
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    881 year ago

    ‘A massive tech exodus’ in the headline, then names 3 large companies who never actually moved to Texas, and 3 companies nobody’s ever heard of.

    This isn’t journalism.

  • Uriel238 [all pronouns]
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    631 year ago

    If you have skilled, high speed workers, you don’t want your lab in a state where you can’t get healthcare, such as an abortion.

    I bet obgyns are packing up to leave Texas as well, and maternity wards will soon close down.

  • Gazumi
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    391 year ago

    Science and Gilead don’t usually mix well

  • Bobby Turkalino
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    321 year ago

    “I moved the company here because Joe Rogan said it was a cool place but innovation isn’t magically happening as fast as I thought it would. Bummer.”

    • edric
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      161 year ago

      I wish. The city itself is fine, being in Texas isn’t.

    • @lolcatnip@reddthat.com
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      51 year ago

      It’s ironic people use “Austin” to refer to the city itself as well as the government of Texas, and the two Austins hate each other.

  • @AnneBonny@lemmy.dbzer0.com
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    301 year ago

    TechCrunch is reporting that startup founders, like Techstars Managing Director Amos Schwartzfarb, are announcing their decisions to leave Austin’s “lackluster” startup scene.

    Who?

  • @DaCrazyJamez@sh.itjust.works
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    251 year ago

    Of the examples they give, half never moved there in the first place, several are moving elsewhere in Texas, and one is going to Arizona. Very misleading title.