Brad Feld, co-founder of Techstars and Foundry Group, sat down with David Hauser at Big Omaha 2015 to talk about investing in Harmonix before Guitar Hero, not investing in Twitter, and his worst IPO experience ever during the Dot-com crash.

Feld received the biggest applause when discussing the importance of early stage seed capital in startup communities. Speaking about Omaha at 26:00:

“There’s a lot of rich people here… It’s getting those people, instead of just giving their money to the museum, just giving their money to the symphony, or hoarding their money for the next generation–it’s getting them to continually invest in their community by investing in the next generation of people who are creating companies.”