TLDR · MISCELLANEOUS

IS THE TEXAS BOOM TOWN OF AUSTIN LOSING ITS LUSTER?

techcrunch.com5 min read

Summary from the TLDR newsletter

Investors and startup founders flocked to Austin during the COVID-19 pandemic due to its lower cost of living, hip lifestyle, and business-friendly environment. Some are now leaving or looking to leave the city. The weather and economy were not as favorable as they'd expected. This article looks at a few of the companies that are leaving and the reasons why.