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Success of a start-up venture obviously requires funding. Austin now has a vital business investment industry, something it didn't have a few years ago. There are now over 30 established venture capitalists and angel networks operating in Austin, and several more firms that don't reside in Austin, have a presence here. Moreover, there is an active community of other angel and seed investors not affiliated with any of the networks. In Texas, Austin is second only to Dallas in the total amount of funds invested. To get money from the established VCs and angel network requires four things:
Industry focus inline with areas of interest: The VCs and the angel investors have industries and types of businesses they specialize in. The table shown below is a summary of the overall interests of the Austin based VC's as expressed in their web sites. It is important to understand the specifics of the VC you approach however. You have to know their specific interest.
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