Transformation comes from universities, not industry

Great comment and discussion in this interview by Robert Scoble of two people, the founder and CEO of Nicera.
Nicera was funded by $50milllon of VC capital and has just been sold for over $1bn.
“Transformation does not come from industry, but universities (in this case Stanford)”; starting at time 16:45 but watch the whole interview to see it in context.
Another great Robert Scoble interview – youtu.be/v6CyHhJKSTQ

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