Austin booms as a top U.S. startup hot spot

[Neil Narayan]

Austin is a bustling hub for startup activity — and it has the numbers to prove it.

A new ranking from real estate investment marketplace Roofstock places Austin at No. 3 among the major U.S. metro areas with the highest rates of startup formation. 

Over the past 18 months, Austin racked up two No. 1 accolades for its entrepreneur-friendly culture, including most affordable cities for startups and the best city for startups.

Rounding out the top 3 is the Las Vegas metro in the No. 1 spot on the Roofstock list, with a startup formation rate of 11.44 percent. Orlando, Florida, follows at No. 2 with a startup formation rate of 10.61 percent.

Two other Texas metros appear on Roofstock's list: Dallas-Fort Worth at No. 5 (startup formation rate of 9.82 percent) and Houston at No. 10 (startup foundation rate of 9.48 percent)

https://austin.culturemap.com/...