According to a new study by PricewaterhouseCoopers and the National Venture Capital Association (NVCA), as presented in the Austin Business Journal, the investment dollar in Austin grew 178% over the last ten years. New Mexico came in first, though the study did not break down the state into individual areas.
Venture capitalists are teams of investors who make a cash investment in exchange for shares of the business. It can be considered a high-risk investment, but with numbers and standings like Austin’s, maybe not!
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