Austin Venture Association launched as firms in region grow from 20 to 70 in two years
With a significant increase in venture capital (VC) shops in the community, some of those individuals have announced formation of The Austin Venture Association. According to this article, there were roughly 20 VC firms based in Austin two years ago, and that number is now closer to 70.
The new organization will focus on VC firms, business accelerators, start-up incubators, private equity firms, and other organizations that contribute to the VC economy. Its goals include promoting job opportunities, mentorship, thought leadership, events, and other aspects of the VC ecosystem.