Local Tech Wire

RESEARCH TRIANGLE PARK, N.C. – Brad Feld, a managing director at Colorado-based Foundry Group, is in Washington, D.C. this week for a “summit.”

But’s he not talking just about tax bills with carried interest at the top of most VC’s lists of concerns.

Feld likes what The New York Times’ Thomas Friedman had to say about startups earlier this week.

“His premise is that to solve the unemployment issue, especially among recent college graduates, we need three things: more start-ups, more start-ups, and more start-ups. And to do this,” . “Friedman talked to Robert Litan (vice president of research and policy at the Kauffman Foundation) and Curtis Carlson, (CEO of SRI International) and came up with the following.

• Create a cabinet position (Secretary Newco) that is focused on pushing through initiatives that help startups and unleash millions of entrepreneurs

• Staple a green card to the diploma of every foreign student who graduates from a US university

• Create a meaningful entrepreneurs visa

• Cut capital gains taxes to 1% for startups

“I strongly agree with each of these. My one small addition to the Secretary Newco idea is that person should be an accomplished entrepreneur rather than a career politician, policy person, academic, or lawyer.”

For Friedman’s blog,

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