In an interview with Innovation Hub, Feld says rather than moving to Silicon Valley, young entrepreneurs should build a business where they live and get opportunity to chase them.
I’ve had a deeply held belief that you can build a startup community in any city — it’s phenomenal to see it happening all over the world…In the book Startup Communities I talk about The Boulder Thesis…There are four principles. The first is that the leaders of the startup community have to be entrepreneurs. the second is that those entrepreneurs have to have a very, very, long-term view, at least twenty years. The third is that they have to be inclusive of anyone who wants to engage in the startup community at any level. The fourth is that you have to have activities and events happening all the time that actually engage people in actually doing entrepreneurship, rather than just talking about it.