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Old 12-14-2020, 02:57 PM
 
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Now that Oracle is moving their headquarters from California to Austin, I think it will benefit Houston greatly. Hopefully we start to see new startups in Houston/Austin, and not California. https://www.chron.com/business/artic...g-15795693.php
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Old 12-14-2020, 04:11 PM
 
Location: Houston, TX
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Originally Posted by HookTheBrotherUp View Post
Now that Oracle is moving their headquarters from California to Austin, I think it will benefit Houston greatly. Hopefully we start to see new startups in Houston/Austin, and not California. https://www.chron.com/business/artic...g-15795693.php
Nah. Oracles move won’t do anything for any city not in the Austin area. Houston is attracting some more tech jobs, but no thanks to anything that goes on in Austin.
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Old 12-14-2020, 05:40 PM
 
Location: Houston/Austin, TX
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Originally Posted by As Above So Below... View Post
Nah. Oracles move won’t do anything for any city not in the Austin area. Houston is attracting some more tech jobs, but no thanks to anything that goes on in Austin.
One BIG exception, however. UT-Austin's billion dollar biotech campus.

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Old 12-14-2020, 07:05 PM
 
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Austin, in particular, is already well known for startups... :-/
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Old 12-14-2020, 07:12 PM
 
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I wouldn't consider that "UT-Austin's billion dollar biotech campus". The founding institutions are TMC-Texas Medical Center, MDA-The University of Texas MD Anderson Cancer Center, UTHS-The University of Texas Health Science Center at Houston, and A&M-Texas A&M Health Science Center.

The planned UT research campus that was planned was canceled due to UH.
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Old 12-16-2020, 02:04 PM
 
Location: Washington D.C. By way of Texas
20,516 posts, read 33,540,106 times
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Originally Posted by ParaguaneroSwag View Post
One BIG exception, however. UT-Austin's billion dollar biotech campus.
This needs to get built so badly. The billions of dollars this can bring to Houston and to Texas is high. If would also undoubtably make Houston the medical capital between of the South.

I don’t know if Oracle will help Houston. I don’t think so but I also hardly believe it needs to.
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Old 12-16-2020, 02:36 PM
 
Location: Houston/Austin, TX
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Originally Posted by Spade View Post
This needs to get built so badly. The billions of dollars this can bring to Houston and to Texas is high. If would also undoubtably make Houston the medical capital between of the South.

I don’t know if Oracle will help Houston. I don’t think so but I also hardly believe it needs to.
I pass by this area often. I took a peak and it looks like some of the buildings on the north side of the development already broke ground.

I think Houston already is the medical capital of the south. But this would definitely strengthen that position.
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Old 12-16-2020, 04:28 PM
 
Location: League City
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I once read that despite housing the largest medical center in the world, Houston lags behind other smaller major cities in terms of biotech and biomedical commercialization. This biotech campus would likely change that. I mean Houston already has the medical research and the medical professionals in place. It just seems like it would not take much to tip Houston into that next arena. That is awesome if it happens.
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Old 12-16-2020, 05:09 PM
 
Location: Houston/Austin, TX
9,893 posts, read 6,589,672 times
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Originally Posted by DanielWayne View Post
I once read that despite housing the largest medical center in the world, Houston lags behind other smaller major cities in terms of biotech and biomedical commercialization. This biotech campus would likely change that. I mean Houston already has the medical research and the medical professionals in place. It just seems like it would not take much to tip Houston into that next arena. That is awesome if it happens.
It lags easily behinds Boston and SF, as well as San Diego. But it’s number one in the south already. The TMC3 along with A&M’s Innovation Plaza could potentially put it in that upper echelon. The overall tech boom helps too, because the more tech workers attracted here, the better it is to collaborate between technology and medicine.
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Old 12-17-2020, 09:23 AM
 
Location: Houston
5,614 posts, read 4,939,687 times
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Quote:
Originally Posted by ParaguaneroSwag View Post
It lags easily behinds Boston and SF, as well as San Diego. But it’s number one in the south already. The TMC3 along with A&M’s Innovation Plaza could potentially put it in that upper echelon. The overall tech boom helps too, because the more tech workers attracted here, the better it is to collaborate between technology and medicine.
Yes, historically Houston has lagged, but that is hopefully changing with the measures that PS describes, plus greater attention from venture capital players. The latter has been the most difficult aspect of this, because they tend to want to fund only entrepreneurs that are in their geographical backyards or in a pre-defined cluster (like Austin). Even if something got funded, the VC made it move to San Diego or wherever.
Historically, Houston's VC money has gone to oil and gas, because that's what they know and that's what's been here - kind of a self-perpetuating silo. But with a lot effort, many folks (not least the TMC itself) are working on changing this. BioHouston was started in the early 2000s (or maybe earlier?) and was tasked with local biotech commercialization and attraction of VC but pretty much went nowhere - I think because the other major players just didn't devote the energy to it, and without things like TMCx and TMC3 going on, the players outside of Houston had enough to focus on in their own backyards.
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