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Leaving the nest.


If you ever had cause to visit the Durham headquarters of Motricity Inc., the software company that found itself with a pile of investor cash last year, you surely marveled at the place. In the renovated American Tobacco complex, within foul-ball distance of Durham Bulls Athletic Park Durham Bulls Athletic Park is a baseball park in Durham, North Carolina that is home to the Durham Bulls, the AAA affiliate of the Tampa Bay Devil Rays of Major League Baseball. , the headquarters would be the envy of any working stiff who labors in a soulless soul·less  
adj.
Lacking sensitivity or the capacity for deep feeling.



soulless·ly adv.
 office building under fluorescent light oozing oozing

exudation of fluid.
 from an acoustic-tile ceiling. Exposed brick walls? Check. Mammoth wood beams? Check. Stylish furniture? Check. Employee lounge that looks suspiciously like a pub? Check. Nightlife, festivals, restaurants and sporting events fewer than 100 paces away? Check.

[ILLUSTRATION OMITTED]

Let's make it official: Motricity's headquarters is as good as it gets for corporate life. Better yet, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
 (and the Triangle specifically) is one of the more nurturing locales for ambitious tech firms, providing an educated work force and political leaders so accommodating that a weekly wash-and-wax of the CEO's car by the governor isn't wildly- out of reach as an incentive. What company would ever leave such a paradise?

Uh, Motricity. It'll be gone by the end of the year.

Simply put, Motricity--formed in 2004 by the merger of Durham-based Pinpoint Networks and Nashville, Tenn.'s Power by Hand--traded up. When it spent $135 million of that investor money to buy a division of InfoSpace, it decided that Bellevue, Wash.--the Seattle "boomburb" where InfoSpace is--would be an upgrade from Durham. Probably the most significant tech corridor outside Silicon Valley, it's teeming teem 1  
v. teemed, teem·ing, teems

v.intr.
1. To be full of things; abound or swarm: A drop of water teems with microorganisms.

2.
 with software programmers and engineers. But Motric ity's move still has the flavor of a sophomore social climber leaping at the chance to sit at the seniors' table in the high-school lunchroom. When you realize that analogy makes Durham--and by extension, all of North Carolina--the table where the braces-wearing, acne-plagued doofuses gather ... well, it stings.

This is the point at which I could be expected to clamber clam·ber  
intr.v. clam·bered, clam·ber·ing, clam·bers
To climb with difficulty, especially on all fours; scramble.

n.
A difficult, awkward climb.
 atop my soapbox and inveigh in·veigh  
intr.v. in·veighed, in·veigh·ing, in·veighs
To give vent to angry disapproval; protest vehemently.



[Latin inveh
 against the foolishness of passing out incentives willy-nilly to bribe companies either to move to North Carolina or stay here. (After all, Motricity is leaving because it feels Bellevue is a better place to do business, not because it's being lured away.) Instead, I'll pose a question: How much loyalty should a company feel to the place of its birth, and how much should we residents feel to that company?

What we owe our companies is an equitable tax structure, a reasonable regulatory climate, an efficient permitting system and a well-maintained infrastructure--in short, the same things we owe ourselves. We also owe them the first chance to claim our patronage. If all things are equal, our reflex should be to buy goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  from the local fellow. Corporate loyalty to the place that spawned it is more complicated. Companies are like children, in the sense that they start small, grow large and eventually form their own identities and characteristics. Some are surly and grabby grab·by  
adj. grab·bi·er, grab·bi·est Informal
1. Acquisitive or greedy.

2. Attracting attention; striking: "Many critics charge, however, that these new resources are being used ..
 and me-me-me right from the beginning, while others grow up gracious and charitable and generous. Some come to feel rooted and comfortable in their homes, while others are always scanning the horizon, wondering if life isn't better somewhere else.

Let us consider two of our children and examine their relationships with home. Recall first the peripatetic journey of RJR Nabisco. The company, an amalgamation of homegrown R.J. Reynolds Industries and Nabisco Brands, came under the rule of the much-loathed F. Ross Johnson F. Ross Johnson OC (born 1931) is a Canadian businessman.

Born Frederick Ross Johnson in Winnipeg, Manitoba, into a lower-middle-class family, he used a military cadet scholarship program to attend the University of Manitoba where he graduated in 1952 with a Bachelor
 on Jan. 1,1987. Two weeks later, he announced that RJR Nabisco would move its headquarters from Winston-Salem to Atlanta. And just to pour salt in the wound, Johnson declared that the Twin City simply didn't have the cultural sophistication so·phis·ti·cate  
v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates

v.tr.
1. To cause to become less natural, especially to make less naive and more worldly.

2.
 to attract young executives. Too "bucolic," he said.

You can imagine how the good citizens of Winston-Salem felt about that. The new boss had barely been in the job long enough to warm the seat when he announced that the company needed to move out of Hicktown and into a real city. As it turned out, Atlanta wasn't good enough. After a leveraged buyout by Manhattan big-game hunters in 1989, the headquarters wound up in New York. Eventually--divested of food divisions and some foreign operations--what is now Reynolds America returned to Winston-Salem.

If RJR RJR R.J. Reynolds
RJR Thorny Skate (FAO fish species code) 
 was the prodigal son, NationsBank was the dutiful one. In 1998,, NationsBank--ne North Carolina National Bank North Carolina National Bank (NCNB) was the name taken in 1960 by American Commercial Bank of Charlotte, North Carolina.

The bank later reorganized so that its legal status was that of the leading subsidiary of NCNB Corporation
 but grown under gimlet-eyed Hugh McColl into a regional powerhouse--announced that it would merge with San Francisco-based BankAmerica, a deal that would create the largest retail bank in the country. McCollcould have been forgiven if he had decided to decamp for Manhattan to join the ranks of the financial world's Big Swingers. Instead, the newly merged company took the name Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
 from its new mate, but headquarters stayed in Charlotte, housed in the tallest building between Philadelphia and Atlanta.

A child that considerate is a blessing. Clearly, Motricity isn't like that. Maybe it'll wander for a while, then return home, a la RJR. If not, we know what to do: Talk trash about it during family gatherings.

G.D. Gearino is a Triangle-based journalist and novelist. Tell him what you think at gearino@businessnc.com.
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Title Annotation:FINEPRINT
Author:G.D. Gearino
Publication:Business North Carolina
Date:May 1, 2008
Words:857
Previous Article:John F.A.V. Cecil.(Real Estate)
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