37% of Shotput Ventures startups stayed in Atlanta

Re:37% of Shotput Ventures startups stayed in Atlanta by natrius on Thursday September 03, 2009 @12:32AM (#801782)

From the comments: "Four companies from Atlanta, two from Boston, two virtual entered the Shotput program. Three from Atlanta stayed. Three went back home, and two are trying their play in SV. One of the virtuals is considering moving back to Atlanta."

People from Atlanta stayed in Atlanta. Why is this remarkable?

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Re:37% of Shotput Ventures startups stayed in Atlanta by lanceweatherby on Thursday September 03, 2009 @12:41AM (#801796)

It was predicted that they would all leave.

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Re:37% of Shotput Ventures startups stayed in Atlanta by natrius on Thursday September 03, 2009 @01:58AM (#801885)

I don't think that's what those people meant. YC-style investments were seen by many as a way to attract talent to an area. I viewed such predictions as saying that regional YC's would fail to attract talent. I don't see why anyone would think that people who are already in the city would all leave just because they've participated in such a program. If anything, it would make them less likely. Having to leave an investor is a disincentive to moving.

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