The Ledger
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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…”
Feld: Replicating Silicon Valley is the wrong goal for other cities
“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.”
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.”