Gabriel Farid Guerra said he was extremely underwhelmed after moving to Austin from New York in 2022. Working a completely remote job at the time, he said he signed a one-year lease in the city, chasing the idea that it was “the new, booming U.S. tech hub.”
Compared with New York and San Francisco, he said, tech events were harder to find, the quality of events was lower and opportunities for new roles were sparser. Public transit also left something to be desired, he said.
He broke his Austin lease after six months, and after bouncing to Boston and Washington, D.C., Guerra moved to San Francisco. He recalled that when he was living in D.C., he was asked in which regions his then-employer, startup Antithesis, should promote its software product.
“They gave me a list of cities and asked me about Austin, and I said, ‘No, not Austin. It’s kind of dead.,” he said.
Reza Khosravi, a startup founder, relocated in 2021 from San Francisco to split his time between Dallas and Austin. He found the move to be a big culture shift. Innovation and diversity are deeply ingrained in Silicon Valley culture, he said, adding, “I did not find that in Austin.”
AI brought him back to San Francisco, where the networking and learning opportunities are unmatched, he said. SignalFire’s numbers show that Big Tech employment in San Francisco grew 1.8% in 2024, while startup employment grew 0.8%.
