Tesla chose Austin for its $1 billion Cybertruck factory — and it's another sign Texas is becoming America's most important tech hub
Tom Nolan is the president of the Austin jewelry company. He moved to the area four years ago after living in New York City and Silicon Valley.
"The local venture community is extraordinary here. They want to back founders and smart people, and it's a welcoming, comfortable environment and a safe harbor in a lot of ways for people to start and get businesses off the ground," he told Business Insider. He said the quality of life in Austin was another reason the city is desirable for so many companies, such as Outdoor Voices, Yeti, and Whole Foods, which all have headquarters there. His advice to entrepreneurs looking to start their business in Texas: Build a company around good people.
"Every company is only as strong or as weak as its people are, and you're getting a head start here because there's so many great people, hard-working, smart, diligent, entrepreneurial-minded folks here that want to make an impact in business and their communities," he said.Austin and Round RockVenture capital invested in women-owned businesses in 2019:
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