Detailed text transcripts for TV channel - CNN - 20110307:07

Detailed text transcripts for TV channel - CNN - 20110307:07:36:00

went to grad school and had another year i didn't do anything and then had another project that failed and, you know, it took us six months to get financing with foursquare and people have said you've had all these successes. we haven't had it yet. like we're still working towards it. >> what do you think the features or the factors that helped make foursquare possible? >> you know, there's a bunch of them. there's incubation labs. basically got like shared spaces where companies are getting together, five or six different companies, and they are trading resources and trading skill sets and able to make things happen. in new york we're seeing a lot of that is funded by the city. the space might be paid for, some of the office furniture a may be paid for and startups that need to raise capital to get things off the ground can come to these spaces and start to build something >> you think government investment is helpful. >> i think you're seeing in new york that it already works. >> do you think that there's something about technology particularly in america? i mean, why is it i look at germany, lots of engineers,

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