SiliconAlley is quoted on Techonomy’s article about NYTechDay

Why all the creativity? One theory comes from Silicon Alley veteran Miles Rose, who says social breakdown and a failed education system is spawning entrepreneurship. He’s “been waiting for this moment” since he got into tech startup consulting in 1996, he says. “Money’s not worth anything, there are no jobs, and there’s no government support for the unemployed.” Those conditions, he said, have brought on a ”triple-witching hour” to catalyze the tech startup boom on display at Tech Day. “Schools, the government, and corporate America have let young people down, so they have nothing to lose by starting up a company.” In his opinion, failing at a startup is like finishing school for college graduates. Rose’s consultancy, Silicon Alley, offers to help them “make mistakes small and fast.”

http://techonomy.com/2013/04/startup-creativity-flourishes-at-ny-tech-day/