How to Pitch Austin VCs

Raising capital in the Silicon Hills requires a different playbook than Sand Hill Road. Here is what you need to know.

The "Texas Valuation" Discount

Historically, Austin seed rounds priced at a 15-20% discount compared to Bay Area equivalents. While remote work and cross-pollination of funds have narrowed this gap, founders should expect local lead investors to push for more ownership (often 20%+) at the seed stage.