“The notion of trying to create the next Silicon Valley is, is completely the wrong question. And it's a wrong question for lots of reasons. But most importantly, each different geographic region, any city in the world, has different natural resources.”
quote is from the automated transcript, cleaned for reading:
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More from Brad Feld
Insight
Feld: Governments and universities must participate in startup networks, not control them
“Often, and especially, you know, in different parts of the economic cycle, you have top-down focus, and you have government start to try to organize what's going on in the startup community, or you have academia or university in the city try to become the cent…”
Brad FeldJan 2, 2019▶ 15:34a16z Podcast | How Innovation Ecosystems Grow Around the Globe
Insight
Feld: Top-down government efforts without bottom-up entrepreneurship produce stagnation
“When you have top-down in the absence of bottom-up entrepreneur, you know, entrepreneur-led phenomena, grassroots, whatever phrase you want to use, nothing really happens. You get this stagnation.”
Brad FeldJan 2, 2019▶ 15:02a16z Podcast | How Innovation Ecosystems Grow Around the Globe
Opinion
Feld: American democracy is resilient because it is not well-structured
“I actually don't think that for example, an American democracy is a particularly well-organized or well-structured phenomenon. I think part of the reason it's so resilient is that it's not”
Brad FeldJan 2, 2019▶ 18:41a16z Podcast | How Innovation Ecosystems Grow Around the Globe
Insight
Feld: Every city on Earth originally formed as a startup
“Every single city on the planet was once a start-up.”
Brad FeldJan 2, 2019▶ 6:25a16z Podcast | How Innovation Ecosystems Grow Around the Globe
Disclosure
Feld: A 1990s Chinese deal effectively stripped away his company's ownership
“I've been on the receiving end, for example, of you know, deals that I did in the late nineties. You know, I'm thinking of one in particular with a Chinese company where, you know, the merger agreement came back entirely in Chinese. We really had no choice but…”
Brad FeldJan 2, 2019▶ 19:32a16z Podcast | How Innovation Ecosystems Grow Around the Globe
AssertionNot checkable as stated
Feld: US tech companies struggle because laws lag behind innovation
“There's many, many companies that are struggling with this in lots of places in the U.S. Right now because the laws don't keep up with innovation.”
Brad FeldJan 2, 2019▶ 20:20a16z Podcast | How Innovation Ecosystems Grow Around the Globe
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