The Memphis ecosystem works especially well in that there is a really low cost of living and quite a good amount of talent in the area. Companies that transiti

The Memphis ecosystem works especially well in that there is a really low cost of living and quite a good amount of talent in the area. Companies that transitioned through, like Stream, did a really good job of bootstrapping many an IT career in Memphis. That FedEx, Hilton, International Paper and AutoZone all have major IT centers there helps as well, though it does lead to there being lot of very UN-talented IT people on the whole. The trick, as always, is sorting out the good from the bad. Where I think you'll have problems is in raising Venture Capital (if you need it), finding dotcom-centric marketing agencies, SEO development, and that sort of thing. Of course, that only matters if you're looking local anyway.