In this week's issue:

- Austin just proved every NIMBY wrong — housing deregulation caused rents to crater 19% while the rest of America watched theirs climb

- Tesla's $20 billion Terafab kicks off tomorrow: Austin becomes ground zero for the most ambitious chip manufacturing bet outside of Taiwan

- The autonomous vehicle transparency divide — Tesla hides every crash detail while Waymo publishes everything, and both are scaling fast in Austin

- Hoover's Cooking closes after 27 years on Manor Ro

In this week's issue:

- Google's free AI design tool just obliterated Figma's stock price

- Samsung's 2.7 million square foot AI chip factory rising in Taylor

- SXSW music attendance surges 20% while the Continental Club gets a Key to the City

- Austin's housing boom proves free markets work better than rent control

Let's get into it.

In this week's issue:

- Felix the AI agent hit $150K in revenue — now it's hiring a human

- Austin's data center boom is drinking 399 billion gallons of Texas water

- SXSW startups just raised eyebrows (and $22 billion in alumni funding)

- California made VCs ask their CEOs: "Are you gay?"

Let's get after it.

In this week's issue:

- An Austin entrepreneur built a zero-human company that made $300K its first month

- Data centers just outspent office buildings for the first time in American history

- SXSW Pitch winners and the $22B story behind past participants

- The big data study proving academia went full left-wing monoculture

Time to rock and roll.

Sunday was 97°F—the hottest March day in 50 years. By Monday morning, Austin was 39°F and activating emergency cold weather shelters. A 58-degree swing in under 24 hours. The city went from shorts and AC to space heaters and panic in one afternoon, tied to one of the largest single-day temperature drops on record. This is what chaos looks like when you live in a place where the weather doesn't follow rules.

But the temperature whiplash is just local meteorology. The real disruption happening th

In today's issue:

- Austin is becoming the headquarters of American defense tech—Anduril just landed a $20B Army contract, Saronic is hosting NATO ambassadors, and venture capital now exceeds Pentagon R&D spending

- A man was beaten unconscious and skull-stomped at Austin Central Library; his attacker had 10 Travis County cases, 3 felonies, and 4 assaults—all dismissed

- Zach Dell is building a battery factory downtown that will reshape Texas's power grid; Base Power just deployed 100 MW of hom

In this week's issue:

- Tesla's Terafab: A $5-10B semiconductor megafab launching north of Giga Texas, 100B+ chips/year by 2027, chips made in Austin for Optimus, Full Self-Driving, and xAI's Colossus

- Garry Tan wants to run Y Combinator batches from Austin — Y Combinator's CEO openly considering Austin as a second permanent hub for founder funding and mentorship

- The infrastructure sprint that's changing everything: xAI Memphis has 555K GPUs built in 122 days, Terafab permits filed for 15M s

In this week's issue:

- Travis Kalanick moves to Texas, unveils Atoms (8 years of stealth robotics), and acquires the company that moves 2 million tons of autonomous rock per year

- One AI agent named Felix wakes up with its own Gmail, Stripe account, and bank account — builds a $248K business in under two months with zero human employees

- Austin becomes the infrastructure, not the accident — Capital Factory officially goes nonprofit and permanence becomes the story

- The thesis that connects

In this week's issue:

- A man with a documented history of violent crimes stomped a stranger's head at Austin's Central Library — while the police chief was in the building for a safety meeting

- A mass shooting at a 6th Street bar that killed 3 and injured 14+ is now a federal terrorism investigation, not just a "mass shooting"

- $1 trillion evaporated from software stock valuations in six weeks — Naval was right: "AI is going to drain a lot of moats"

- 100+ startups are pitching at Capital Fa

In this week's issue:

- **SXSW is shrinking.** Attendance dropped 21% in one year. Music acts nearly halved. The Convention Center—the festival's anchor for decades—is gone. But the real story isn't just decline: it's what it means when Austin's defining cultural export contracts while the city pivots toward something more durable.

- **Austin is becoming part of America's defense-tech backbone.** The Capital Factory Startup Crawl this week showed 85 companies, but the real signal came from the