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Start-ups run by young techies find favor in 'risk-averse' Pittsburgh.

Publication: Knight-Ridder Tribune Business News
Publication Date: 07-AUG-05 		Format: Online - approximately 1231 words
Delivery: Immediate Online Access

Article Excerpt
Byline: Corilyn Shropshire

Aug. 7--On a good day, Hooman Radfar is staying in town.

The 25-year-old entrepreneur and Upper St. Clair native is among a small but growing group of young tech turks who are thumbing their noses at Pittsburgh's old-fogy reputation and trying to take advantage of the city's low-cost of living and close-knit networks to build start-up businesses. Every day -- even the good days -- are a challenge, Radfar concedes.

"We're trying to do something that is going to impact this area and this country in the longer term," said Radfar, the CEO of Clearspring Technologies, a three-man staff of 20-somethings camped behind computer screens and creating advanced software for the Internet. But, "It's very difficult to do something very forward-thinking in this area."

Pittsburgh isn't the Silicon Valley or Boston, established high-tech communities that embrace risk and new thinking and where venture capital is easier to come by. Though he's tempted by the coasts, says Radfar, a flip-flop wearing, Red Bull-drinking graduate of Carnegie Mellon University, for now he's staying put in Pittsburgh and has set up shop in...

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