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Founded by Rich Bendis

Christopher Calnan

Austin is the only venture capital bright spot in Texas, according to a new report by Rice University’s Baker Institute for Public Policy.

Houston, Dallas and San Antonio are drastically underperforming in entrepreneurship compared to other major U.S. cities. Austin is the lone exception among the state’s four largest metropolitan areas, reporting a 170 percent growth in its entrepreneurship ecosystem during the past decade, "The State of Venture Capital in Texas" report released Monday indicates.