The talent migration was staggering.
Jim Russell is a talent migration analyst designing better brain drain policy for shrinking cities. Read more Forbes opinions here.
The talent migration (Hollars was the first employee to switch) presents a challenge to the news aggregation site at a critical time, as the impending alpha launch of Digg 4 is rumored to be coming next week, co-founder Jay Adelson has also recently left and the site is currently on the receiving end of allegations of a gaming scandal.
This is a touchy area, with Yahoo having let go a number of people who were at the center of its R&D efforts, with some speculating talent migrations to Facebook and others to Detroit… Wherever it is, it ain't Sunnyvale.
No doubt the opportunities will translate into larger talent and migration flows into Shanghai, a higher standard (and therefore cost) of living, and even greater pressure on the use of land in prime areas.
And, according to William R. Kerr, Harvard Business School professor and the author of The Gift of Global Talent: How Migration Shapes Business, Economy & Society, "Today's knowledge economy dictates that your ability to attract, develop, and integrate smart minds governs how prosperous you will be".
And we are supporting the migration of talent — so on the talent side we are already active pretty much all over Europe," he adds.
It was established in 2003 to recognise contemporary writing for teenagers, an area to which Craig said there had been "a migration of talent" over the last five years.
Mr. Engstrom personifies the migration of talent, excitement and investment in computing toward the wireless business as cellphones become more like computers and hand-held computers morph into phones.
"With Depression, war, fascism, the wall and the mass migration of talent out of Berlin, it's quite clear that the city was set back by historical circumstances," said Richard Florida, professor of business and creativity at the University of Toronto, whose research has drawn a link between bohemians and economic growth.
These young startups raise multi-million rounds even before showing a prototype and spark the rapid migration of talent from one startup to the next.
