Ringing in the New Year with Startup City Rankings
Catching up on some of the articles I saved from December over the weekend, I came across this one from American Genius: Austin knocks San Fran out of the top spot for best startup hub.
We’re number one! We’re number one! For the second year in a row, Austin has been named the #1 city for start-ups in the US. As the city continues to grow, at times to the dismay of native Austinites, the tech culture has become stronger than ever. […]
Each year, the Kaufmann Foundation releases their index of start-up rankings based on various factors, including the percentage of adults who become entrepreneurs within a given month. Though San Francisco and San Jose, aka Silicon Valley, are the home of huge technological hubs like Apple and Google, they have dropped down to a humble #8.
This downward plunge is due to the rise in cost of living, steep taxes, and strict regulations for businesses in California. As real estate prices soar, business newcomers flock to less expensive cities like Austin and Denver to pursue their passions.
Even better, the title of the post manages to refer to San Francisco as “San Fran” – one step below calling it “Frisco”! Let the smack talking between two ecosystems commence in 2017!
There are differences between these two great startup cities however. For one, nothing is more “San Francisco” than to talk about your adventures at the last Burning Man while working at a startup. Nothing is more “Austin” than working at a startup while also playing in a band – and making time to go see your friend’s band. And if you’re not in a band there’s probably some disc golf in your future.