[rebel19]

I'm sure that was the reason why Appcelerator went out to the Valley....it was a pretty stupid idea.

http://blog.jeffhaynie.us/whats-wrong-with-the-atlanta-start... Yes this is a couple of years old, but sadly not a lot has changed.

If you have a product that is low risk and already earning revenue you will get funding in Atlanta.....with terms requiring you to give up a lot more of your company, a lot of extra overhead with financials etc..

I would like to see this change, but this is the state of things today and if it is going to get fixed people need to be honest about how bad the problem is. The first step to recovery is admitting that you have a problem.

[paulfreet]

That was three years ago. One company. Can you name any others?

Meanwhile a hundred technology companies have received VC money and remained in Atlanta.