Brewed Fresh Daily
Anotated links from a Cleveland area obsessive coffee drinker, avid quotation collector, voracious internet content consumer, amatuer social network analyzer, and armchair economic developer. Recently referred to as a "web activist".4/17/2003
Roldo: City takes Risky Road with Public Funds for Hi-Tech Firm
"How would you like to waltz into City Hall with a questionable business record and walk out with $250,000? That's what a California man did last week. At least he got the go-ahead sign from the Council's economic and community development committee for a loan of $250,000, likely to lead to full approval. In exchange for a $250,000 loan, the man, a former Clevelander, will move his Cupertino, California high tech business to this city."Shasta Clark, intrepid report for CrainTech, covers the story here. I'm thinking I want to side with Roldo. What are we getting out of this deal? I think very little, if anything. What do you think?
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