Red McCombs has been very active in the  Austin startup space in the past month. In late August, the media tycoon launched Faithvine.com, which offers social networking, news, commentary and Bible study tools and resources.  According to Red McCombs Media CEO Jon Flatt, "the main vision behind Faithvine.com is to provide a forum for visitors to discuss real issues, while supplying information and entertainment to the Christian community." Faithvine will be headquartered out of Red [...]

In Tech Monday in the Plugged In section, the Statesman has been going through some state filings to look for investment activity in Austin. The uncovered an investment in stealthy 30 Second Software founded by Dave Sikora. The company has a website located here, and their first product named Digby is a mobile electronic commerce service for the Blackberry. Sikora moved to Austin in the late 90′s and has been at the helm of Ventix, [...]

In this morning’s Wall Street Journal, reporter Teri Agins takes note of Austin’s growth in high-end retail. Local Austin entrepreneur and investor Eric Simone was on to this trend a while ago, with investments in local clothing startup Erebelle and the retail store Girl Next Door, which recently moved to the 2nd Street district. Don’t worry, Eric is still a tech guy at heart with his early investment in Bazaarvoice.