With venture capital harder to come by in Austin, the experiences of local businesses that do attract growth capital are all the more illuminating for other founders in search of cash.
Companies in the Texas capital attracted $590.4 million in venture capital funding in 2016, a 30 percent decrease from the $852.2 million collected in 2015. Such is the cyclical nature of the VC ecosystem and a national dip last year reflected a normalization, not a systematic defect, many experts caution.
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