I ran after the guy, and then he turned into an alley and I think my reason kicked in and I stopped chasing.
The thing is, I had my Nikon D80 in my bag, and I guess that would've been a more expensive loss.
I'm eligible for upgrade by Nov 29. So I can do that for $199. So all things considered, it's better to lose the phone then my backup camera.
That said, 9th and Congress is not that unsafe. It's downtown Austin, though it was at 1 am.
I guess you never know.
It does make me feel like Austin is not as safe :(