There is no shortage of money in Dallas, that's for sure. The problem is that currently a lot of that oil/gas & real estate money isn't really comfortable with the high risk nature of tech investments (no hard assets, etc).

The local accelerators (Tech Wildcatters, Health Wildcatters, VentureSpur) are starting to change that by getting those money guys involved, but it's been a very slow process 5 years in the making.