This isn’t surprising. Americans have been leaving SV for years. Immigration is what’s growing the SV population. Will it still grow as China and India develop their own tech hubs?
Over the past several years, Austin has emerged as a tech hub and was recently named the best city to start a business by CNBC.
“Austin has all the things I love about SF (young city, great culture, tons of outdoor activities), plus amazing weather, great live music and BBQ,” Kelsey Castellow, Senior Communications Manager, Atlassian.