5min chapter

The Daily Stoic cover image

Steve Case on the New American Dream

The Daily Stoic

CHAPTER

Austin Is a Great Example of Gentrification

In Texas this is sort of embodied with this idea of don't California my Texas I would love for Texas to be a little more California. But in most of these rise the rest cities that we visited and invested it they are so far from worrying about gentrification what they're worrying about is their best and brightest when they grow up elite because there's nothing going on there. So things around affordable housing policy and other things are important but it's also important to note that some states get less than 1% of venture capital while California gets 50%.

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