Issue 42 • October 2023

The Defense Tech Corridor.

Why billions in stealth venture capital are quietly transforming the warehouse districts north of Austin.

Read the Report

Figure 1. Capital Inflow

This Week in the Silicon Hills

Venture Capital

Silverton Partners closes $250M Fund VII

The oldest VC firm in Austin doubles down on early-stage B2B SaaS.

Real Estate

Meta subleases 100k sq ft downtown

Consolidation continues as Big Tech re-evaluates physical footprints.

Policy

City Council approves new transit bond

Project Connect timeline shifted by three years due to inflation.

Data

Tech salaries stall, housing dips

For the first time in 40 months, the median tech salary in Austin remained flat.

Austin By The Numbers

Q3 Venture Funding

$1.2B

-15% YoY

Corporate Relocations

14

Year to date

Median Home Price

$540k

-8% from peak

Office Vacancy

18.2%

Downtown CBD

View all primary data sources →

The Corporate Relocation Guide

Moving a business to Texas is no longer a simple arbitrage play. Between skyrocketing property taxes and a hyper-competitive talent market, the math has changed.

Our comprehensive guide breaks down the true cost of operating in Central Texas, contrasting the marketing myths with the financial reality.

Read the Guide

The Silicon Hills

Operator Tools

Calculators and models built for founders running businesses in Austin. No sign-ups required. Fully functional offline.

SF to Austin Salary

Calculate parity adjusting for cost of living and zero state income tax.

Startup Burn Rate

Model runway based on current cash and monthly net burn.

Franchise Tax Estimator

Roughly calculate your Texas Margin Tax liability.

Travis Co. Property Tax

Estimate commercial tax burden for facilities.

Seed Dilution

Cap table modeling for early-stage rounds.

View all 12 tools →

Raising in Austin

The local VC ecosystem has matured from a handful of seed funds to a network capable of leading Series B and C rounds.

However, the expectations differ wildly from Sand Hill Road. Austin investors historically index heavily on capital efficiency, path to profitability, and B2B utility over consumer hyper-growth.

View the VC Directory How to Pitch Local Funds
Firm Focus Stage
8VC Seed / Series A
LiveOak Ventures Seed (Texas Only)
Silverton Partners Seed
Next Coast Ventures Series A / B

We don't publish PR fluff.

The Journal of Austin is an independent digest covering the intersection of business, policy, and technology in Central Texas. We don't use AI-generated copy, and we don't believe in utopian tech narratives that ignore civic reality. We deal in hard data and plain English.

Read our Editorial Stance

Delaware C-Corp vs Texas LLC

The standard Silicon Valley advice is to always incorporate as a Delaware C-Corp. If you're building a bootstrapped services or SaaS business in Austin, that advice could cost you thousands in unnecessary franchise taxes and filing fees.

Read the analysis →

The Hidden Property Tax Burden

Relocating for the 0% state income tax? Ensure you model the 2.2%+ commercial property tax rate in Travis County. For asset-heavy businesses, this often entirely negates the income tax savings.

Understand Texas Taxes →

The Friday
Digest.

One email. Zero fluff. The three stories you actually need to read to understand Austin business this week.

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Commercial Real Estate

Downtown (CBD)

The traditional anchor. High Class A vacancy rates mean heavy tenant improvement allowances for new leases.

View Data

The Domain

The "Second Downtown" in North Austin. High density, newer builds, favored by enterprise tech (Amazon, Indeed).

View Data

East Austin

The creative and early-stage startup hub. Converted warehouses and boutique mid-rises with premium price per sq ft.

View Data

Ethics and Standards

Journal of Austin Standards:

No Pay-to-Play Strict Financial Disclosures Human Authored (No AI)
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