Thursday, October 7, 2021

Dissin' On The ATDC

A former dwarf is pushing the idea of creating a high-tech incubator somewhere in Dunwoody as a way, to well, do something. Not clear what that is and allusions to how Peachtree Corners and Alpharetta have done with their efforts is a bit like saying "London's ferris wheel is such a success we should get one too." A case of "monkey see, monkey doo-doo." 

As some in TOD have actual experience with high-tech startups, including some germinated at ATDC, a few insights are on offer. Early stage startups, zygotes if you will, need ready access to technical talent on flexible and inexpensive terms. As it so happens GaTech grad students are ideal and if your startup is actually on campus, as is the ATDC, you'll not get greater access. As the startup matures, regular full time staff is required to attract funding as the dirty little not so secret is that you're actually building a company to sell, not a product or service. Consequently you're selling your talent, your employees and anything that detracts from building that talent base is wasted resources. Think: high-rent, Class A offices. That's why the startups reaching this stage move out of the city, towards the 'burbs and this is exactly what has fueled the success of Technology Park-appropriate rents; a developed high-tech community; and access to housing and amenities demanded by those with a Master's degree in EE or CS...and a couple of kids. 

Yet we have a bureaucrat who squizzed out these prizes:

"Dunwoody already has the infrastructure, including plenty of banks and office space, low personal tax rates and high quality of life;"

and;

“Why go all the way to ATDC when you can get the same resources in Dunwoody?”

You have to wonder what, in that little mind, constitutes "infrastructure." And the bit about banks leaves you wondering if this is really being reported by The Onion, because that is NOT a legit gating factor. Office space? Really? When you're a hop, skip and a jump away from appropriate, affordable space in Technology Park? Do you really want to pay Class A prices for the obligatory wanna-be-like-Spotify ping pong table? Quality of life? Clearly this bureaucrat hasn't had to deal with high-speed, illegal truck traffic in HIS neighborhood (probably NOT in Dunwoody) and hasn't a clue about crime in the perimeter area where all that office space sits. Probably hasn't looked at the public schools either. And what does this city know about Venture Capital? NADA. Also, it's not as if they're offering generous tax handouts to startups, are they? Given the hate-hate relationship between our only university and the city, and the fact that this campus isn't known for high-tech, then yeah, go all the way to ATDC, because that is where the talent is. Startups are risky enough without taking on the burdens Dunwoody has on offer.

You have to wonder if there is some "build back better" grant funds behind this or if it is just the flatulent lip-flapping you get when a mouth-breath has the hiccups.