WRAL Techwire

“A big infusion of cash into the local economy like this will definitely be positive for the local economy in the short term,” Verdonik says

“Whether that impact lasts, depends on what Red Hat people decide to do.

“Are they rooted locally?  Or will they move away?

“Will they start new companies?  Or will they be passive investors?

“If they become investors, will they be angels who invest in local companies?  Or will they invest in national and international markets?

“I suspect the answer is all of the above will occur.  It will take awhile to find out what the mix is.”

Enjoy this blog? Please spread the word!