Music of New York City that its status has declined in recent years, due to a combination of increased corporate control over music media, an increase in the cost of living, and the rise of local music scenes whose success is facilitated by the cheap communication provided by the Internet. New York has been a center for the American music industry since the earliest records in the early 20th century. Since then, a number of companies and organizations have set up headquarters in New York, from the Tin Pan Alley publishers and Broadway to modern independent rock and hip hop labels, non-profit organizations, and others.
Silicon Hills in Round Rock, a suburb of Austin. Austin was one of the top areas for venture capital with investors investing $621 million in 2013 (43% of that went to software and semiconductor firms). Some venture capital investors include Austin Ventures, Central Texas Angels Network, and Tritium Partners. There are at least 15 startup incubators as well, including: Capital Factory, Austin Technology Incubator, and the IC Institute (the incubator for the University of Texas at Austin). Silicon Hills Silicon Hills is a nickname for the cluster of high-tech companies in the Austin metropolitan area in the U.S. state of Texas. The