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Virgin Atlantic suspends its route from London to Austin because it says the city's tech boom is over (www.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Virgin Atlantic suspends its route from London to Austin because it says the city's tech boom is over::Virgin Atlantic in a Friday statement said that in Austin "demand in the tech sector is not set to improve in the near term."

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[–] Potatos_are_not_friends@lemmy.world 0 points 1 year ago (1 children)

I thought we were the only one! We had a small office for about 10 employees. We were planning on expanding and buying a building. But then, we just made them all remote and stopped that Texas expansion.

Why? Because it's REALLY F'en hard to have a tech company when power can't be guaranteed.

[–] Mafflez@reddthat.com 0 points 1 year ago (1 children)

It's almost like Texas in general is a shit hole and tech companies shouldn't bother with the state in general. I have no clue why there even was a boom in Austin due to the stupidly shit power grid in the first place.

[–] gravitas_deficiency@sh.itjust.works 0 points 1 year ago

Mostly because for a while, Austin had dirt-cheap corporate real estate.