Wednesday, August 18, 2004

Time to Move

KnoxNews explains why I can't get a technology job here.

Clark Gillespy, who makes his living helping companies figure out where to build new manufacturing plants, was asked how attractive Knoxville is to new industry during a Tuesday luncheon at Club LeConte.
...
"Bio-pharm, high tech - you're at the lower end of the spectrum,"
...
Venture capital: Funding in the $100 million-plus range is required to build a base of growing technology companies, Gillespy said. While tech firms might begin here, he said, "If you want to keep it here, you've got to have enough of a venture capital pool to keep it here."
So, the old money tightwads are screwing us.