Austin Ranked 11th Nationally Out of 201 Startup Ecosystems

Paul Graham said on his blog, “A startup is a company designed to grow fast. Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of "exit." The only essential thing is growth. Everything else we associate with startups follows from growth.”

According to dealroom.co, “Every hub is benchmarked against three lenses: Trailblazers, Science Hubs, and Rising Stars.  And it incorporates factors such as prior startup success rates, venture capital investment raised by a city’s startups at different stages of their growth journey, the entrepreneurial output of universities, and patent filings - the first time these datasets have been combined.”  Based on their recent report, Austin Ranked #22 in Science Hubs and #25 in Trailblazers “GLOBALLY” and 11th nationally.  They analyzed 201 cities in 65 countries.