Semiconductor industry recovery 5. Asian economic recovery 6. Angelou Economic Advisors estimates that over 200 new companies were added to Austin's roster of technology firms in 1999. Much of Austin's startup activity can be attributed to large inflows of venture capital. A majority of venture capital is placed in software and Internet ventures.
Many startups also receive funding through private placements, corporate investment and bank loans.
Dell Computer and its top executives are also joining a chorus of other business angels and corporate investors who have invested heavily in local startups. ATI's contribution to the local economy is significant. Heightened awareness and international image are additional benefits ATI has created for Austin entrepreneurship. Venture capitalists aim to invest even more money in Austin. This underscores a more competitive environment among venture capital firms and a recognition that their success will become ever more dependent on the relationships they create through early stage investments.