Three reasons why the Texas Stock Exchange is a great thing for the Texas business community.
Since 1836, Texas has been home to big ideas, big risks and big companies. Texas is the birthplace of the revolutionary integrated circuit invented at Texas Instruments, gave us the massive engineering feat of the Houston Ship Channel, and delivered one of the first forms of 3-D printing. The great state was the birthplace of Dell Technologies, AT&T and countless others, and is currently home to the second-most Fortune 500 companies in the USA.
. As a result, populations in the region are on the rise. According to the U.S. Census Bureau, the Southeast saw a populationThe further unification of cities and states’ economies through the Texas Stock Exchange would create an even stronger regional ecosystem.
First, stock exchanges provide greater market liquidity and access to capital, which in turn makes it easier for startups to secure funding, attract investors and scale their operations. Research backs this, withSecond, policymakers often create favorable economic conditions around new stock exchanges. Potential measures down the road could include tax incentives, grants and regulatory support, all of which contribute to a more dynamic and conducive environment for startups.
As with so many ventures that began in the Lone Star State, this Texas-sized bet has the potential to pay off big, with the payout transforming Dallas into the most desirable city in the U.S.
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