Joshua Baer, a prominent figure in the Austin technology community and founder of Capital Factory, has died in a plane crash near Laredo, Texas. Baer was a key advocate for startups, providing mentorship and crucial resources to entrepreneurs. Capital Factory, under his leadership, became a central hub for innovation and venture capital in the region. The cause of the private jet accident is currently under investigation. Baer’s death has prompted an outpouring of grief from the tech industry, recognizing his significant contributions to the entrepreneurial ecosystem. He is remembered as a driving force behind Austin’s growing reputation as a tech center. Baer was also a successful investor and businessman.