Houston's moving on from one of 2018's biggest let downs. Photo by Tim Leviston/Getty Images

Who needs Amazon.com Inc.'s second headquarters? That's the sentiment of the head honcho of The Woodlands master-planned community, who believes Houston represents a "great financial opportunity."

"Houston still has a great run ahead of us," the executive, says Paul Layne, at a luncheon hosted by the Houston chapter of the Urban Land Institute (ULI). "Generally speaking, Houston is in good shape for next year."

"We have not done a fantastic job of attracting major corporations moving here, for a whole host of reasons," Layne notes. "We had hurricanes and we've had a number of issues that kind of scare people off."

"But generally speaking," he adds, "we are a low-priced, fantastic community, a great place to raise a family — probably the most friendly city in the country. Companies love that. We don't have to get the Amazons, we don't have to get the major corporations. We're doing great with internal [job] growth."

Layne is Central Region president of The Howard Hughes Corp., a Dallas-based real estate developer that owns The Woodlands, a 28,000-acre, master-planned community. Layne, a longtime commercial real estate executive in Houston, joined Howard Hughes in 2012. Aside from The Woodlands, he oversees Bridgeland, an 11,400-acre, master-planned community in Cypress, as well as developments in Maryland and Nevada.

While Houston needs to improve its education and transportation systems, it offers the ability to develop high-density real estate at a reasonable cost "with a great quality of life," Layne notes.

Speaking as part of a ULI panel at the Junior League of Houston, Layne emphasized the Houston area's healthy job growth. In October, the region added 117,800 jobs, up 3.9 percent from the same period last year, according to the U.S. Bureau of Labor Statistics.

In October, a daily average of 4,188 job openings were listed in Houston — more than any other place in Texas. That's according to a review by data-mining company Thinkum of online job postings at thousands of companies.

Among the country's 12 largest metro areas, Houston ranked first for both the number of jobs added in one year and the annual rate of job growth, the bureau reported November 23.

Those figures show the Houston area has rebounded from Hurricane Harvey and the energy slump, both of which depressed the region's job growth.

Houston was one of 238 communities that bid on the second headquarters of Amazon, the Seattle-based e-commerce giant. Houston failed to make Amazon's list of 20 finalists for what's known as Amazon HQ2. Austin and Dallas were the only Texas contenders among the 20 finalists. Amazon decided last month to split HQ2 — and its 50,000 jobs — between Northern Virginia and Long Island City, New York.

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This story originally appeared on CultureMap.

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Houston VC funding surged in Q1 2025 to highest level in years, report says

by the numbers

First-quarter funding for Houston-area startups just hit its highest level since 2022, according to the latest PitchBook-NVCA Venture Monitor. But fundraising in subsequent quarters might not be as robust thanks to ongoing economic turmoil, the report warns.

In the first quarter of 2025, Houston-area startups raised $544.2 million in venture capital from investors, PitchBook-NVCA data shows. That compares with $263.5 million in Q1 2024 and $344.5 million in Q1 2023. For the first quarter of 2022, local startups nabbed $745.5 million in venture capital.

The Houston-area total for first-quarter VC funding this year fell well short of the sum for the Austin area (more than $3.3 billion) and Dallas-Fort Worth ($696.8 million), according to PitchBook-NVCA data.

While first-quarter 2025 funding for Houston-area startups got a boost, the number of VC deals declined versus the first quarters of 2024, 2023 and 2022. The PitchBook-NVCA Monitor reported 37 local VC deals in this year’s first quarter, compared with 45 during the same period in 2024, 53 in 2023, and 57 in 2022.

The PitchBook-NVCA report indicates fundraising figures for the Houston area, the Austin area, Dallas-Fort Worth and other markets might shrink in upcoming quarters.

“Should the latest iteration of tariffs stand, we expect significant pressure on fundraising and dealmaking in the near term as investors sit on the sidelines and wait for signs of market stabilization,” the report says.

Due to new trade tariffs and policy shifts, the chances of an upcoming rebound in the VC market have likely faded, says Nizar Tarhuni, executive vice president of research and market intelligence at PitchBook.

“These impacts amplify economic uncertainty and could further disrupt the private markets by complicating investment decisions, supply chains, exit windows, and portfolio strategies,” Tarhuni says. “While this may eventually lead to new domestic investment and create opportunities, the overall environment is facing volatility, hesitation, and structural change.”

Expert: Texas is building a cybersecurity wall — but it needs more bricklayers

Guest Column

Texas has always been a state that thinks in terms of scale. Big energy, big ambitions and now, big action in cybersecurity.

With the creation of the Texas Cyber Command under the Department of Information Resources, the state is recognizing what many of us in the industry have long understood: cybersecurity is not just an IT issue, it's a matter of public safety and economic resilience. Protecting municipal systems, schools, and critical energy infrastructure from cyber threats is no longer optional. It is essential.

For these efforts to succeed, Texas must invest as much in people as it does in technology. Without a capable, well-trained workforce to carry out the mission, even the strongest cyber strategies will struggle to hold the line.

The scope of the threat

Cyberattacks are not theoretical. In the last year alone, several cities in Texas experienced major ransomware attacks. One incident in Fort Worth took down core city systems, affecting everything from email access to permitting operations. The ripple effects were significant.

The energy sector is also under constant pressure. As a cornerstone of both the Texas and national economy, the it is a high-value target. Hackers are probing systems that manage oil, gas, and renewable energy infrastructure, looking for weaknesses that could be exploited to steal data or disrupt operations.

Texas has responded by centralizing its cyber incident response capabilities. The Texas Cyber Command is a smart step forward. It brings coordination and focus to an increasingly complex landscape. But its effectiveness will depend entirely on the professionals tasked with doing the work. And that’s where the challenge lies.

The workforce gap

Across the U.S., there are an estimated 400,000 unfilled cybersecurity positions. In Texas, more than 40,000 roles remain vacant, according to CyberSeek. These are not just numbers in a report. They represent a growing vulnerability with gaps in frontline defenses against real and persistent threats.

We cannot afford to rely solely on traditional pathways to fill this gap. Four-year degree programs are important, but they are not designed to scale fast enough or flexibly enough to meet today’s needs. Instead, we need to broaden our view of what a cybersecurity talent pipeline looks like and who it includes.

There needs to be an expanded focus on practical, skills-based training that takes high-aptitude individuals, including those from non-traditional backgrounds, and prepares them for success in cybersecurity careers through rigorous hands-on training that reflects the demands of real-world cyber roles. With the right structure and support, people from all walks of life are already proving they can become capable defenders of our digital infrastructure.

The same entrepreneurial spirit that drives innovation in other sectors can be applied to cybersecurity workforce development. We don’t have to wait years to grow the next generation of defenders. We can do it now, with the right focus and investment.

Texas has taken a critical first step by creating the Cyber Command, but if we want to build lasting resilience, we need to address the workforce bottleneck head-on. Cybersecurity needs more than tech…it needs talent.

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Dean Gefen is theCEO, NukuDo, a San Antonio-based cybersecurity workforce development and staffing company.