Way back in the 1990s, I started going to the South by Southwest music festival in Austin, Texas.
Every March, I’d go back to find not only that the festival had gotten bigger and bigger – too big, it became clear this year, when four people were killed by a runaway drunken driver – but also that the city was mushrooming along with it.
In Austin, the livability factor is high – warm temperatures, live music, BBQ – and the stream of transplants so steady it doesn’t take long for new residents to start moaning about how everything was better before people who arrived after them came to town.
Which brings me to the latest indicator that everybody has figured out Philadelphia is a cool place to live. It’s the modeled-after-SXSW Forbes Under 30 Summit, the money magazine’s inaugural gathering of boldface billionaires and tech titans (and upstart entrepreneurs who wish to emulate them) that will take place in its planned-to-be permanent home from today until Wednesday.