19 Austin firms named to Inc. 5000
AustinStartup.com, the nicely put together blog/online publication, recently listed the 19 Austin-based outfits named to Inc. Magazine's ranking of the country's 5,000 fastest growing companies. Altogether, AustinStartup.com reports 378 Texas-based companies were named to Inc.'s list this year, representing 7.5% of the whole list.
On a per-capita basis, that is actually a touch low since Texas now has about 7.9% of the United States' 301 million people (find Census Bureau data here). Put another way, Texas' location quotient for fastest-growing businesses was 0.946 (an LQ >1 would mean a higher-than-normal distribution).
Surprisingly, with just 19 companies on the list, the Austin-Roundrock MSA has an even lower LQ than Texas overall--just 0.72. Of course, the Inc. 5000 is just a list created by a magazine publisher, but it's interesting to note the discrepancy none the less. .:.
AustinStartup.com, the nicely put together blog/online publication, recently listed the 19 Austin-based outfits named to Inc. Magazine's ranking of the country's 5,000 fastest growing companies. Altogether, AustinStartup.com reports 378 Texas-based companies were named to Inc.'s list this year, representing 7.5% of the whole list.
On a per-capita basis, that is actually a touch low since Texas now has about 7.9% of the United States' 301 million people (find Census Bureau data here). Put another way, Texas' location quotient for fastest-growing businesses was 0.946 (an LQ >1 would mean a higher-than-normal distribution).
Surprisingly, with just 19 companies on the list, the Austin-Roundrock MSA has an even lower LQ than Texas overall--just 0.72. Of course, the Inc. 5000 is just a list created by a magazine publisher, but it's interesting to note the discrepancy none the less. .:.
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