“I couldn’t convince anyone to move to [Silicon] Valley but I’ve had 100% success moving people to Dallas.”
Mike Fey
Co-founder & CEO
Island
.…on choosing to found his $3 billion enterprise browser company in Dallas instead of Silicon Valley, via the Dallas Business Journal.
Mike Fey—co-founder and CEO of Dallas-based enterprise browser unicorn Island—launched his company in 2020 during the pandemic and has since seen its valuation rocket to $3 billion. Speaking at the Venture Dallas summit last week, he talked about why he decided to found his company in Dallas instead of in Silicon Valley.
“We have the capacity for massive organizations [in DFW] and as a startup, it’s a great place to be because I’m not fighting with 7,000 freshly funded startups,” Fey said, according to the Dallas Business Journal’s Holden Wilen. “Everybody isn’t asking me what their equity table looks like.”
For more on Island’s ease at attracting former top Silicon Valley engineers to North Texas—and how Co-Founder and CTO Dan Amiga came up with the idea for a game-changing, secure enterprise browser—read the DBJ story here.
For more of who said what about all things North Texas, check out Every Last Word.
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