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tv   [untitled]    August 21, 2011 6:00am-6:30am PDT

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[stomach rumbles] vincent: sounds like you could use some van goghgurt. it's fortified with arts-rich nutrients to improve your math and reading skills...
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catch! boy: van goghgurt...thanks. so what's the deal with your ear? vincent: always with the ear, huh... announcer: feed your kids the arts. for ten simple ways to learn how, visit americansforthearts.org ♪ whatever we deny or embrace ♪ for worse or for better ♪ we belong ♪ we belong, we belong, we belong together ♪ underneath everything we are, underneath everything we do, we are all people-- connected, interdependent, united-- and when we reach out a hand to one, we can influence the condition of all. that's what it means to live united. ♪ we belong >> this is where it techs started and this is where we
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lead from. it is with great pleasure of publicly announce -- i publicly announce the expansion into an additional 50,000 square feet of offices. [applause] we have quickly proven our ability to build a thriving and profitable ecosystem of some of the best tech startups in the world. these are our next generation of stars. this will be the center of epicness in san francisco, the place for tech entrepreneurs to build their dream with the
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support that san francisco has to offer. i was greatly encouraged when the mayor came to meet the company's. it would appear in the industry -- any industry is in need of support and lack of disruption. your support shows needed political support for the technology industry in san francisco. thank you for that. ladies and gentlemen, allow me to introduce our mayor, ed lee. [applause] >> thank you. congratulations. it is a wonderful building you have here. it is more than just a building. this building houses some of the
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smartest people you could find in technology. that is what san francisco is trying to do. we're trying to attract the best talent in the world to come here. whether it is from u.s., canada, or spain, the companies are coming here because they know where the talent is to be found. this is a tech-friendly city that will do everything it can to support technology growth because the real challenge is our future. we're still very strong as a city in tourism from all over the world. we will continue being strong in that because of our natural beauty, the commission of tourism and travel. there is another reason why people are coming to this city. a lot of other cities have build
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them in terms of creating jobs and having a stable economic foundation upon which to grow. for me, that is what i have been all about in my administration. what began with a conversation earlier this year with a company called twitter about their needs have us sit down with them. i went to their offices. i chatted with their seceo and cfo. the managers left the room and let me speak to the engineers, people such as yourselves. i asked what they really needed to stay here. they said they loved the diversity and culture. they wanted more biplanes --
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bike lanes and infrastructure to support their lifestyle. they wanted help with the challenging payroll tax. they gave me input at the engineering level and from the management level. we went on to make a pretty historic decision to make sure a company like twitter would grow from 250 people to the expected up to 3000 people in the next two and a half years. that is the vision we shared at that moment. it is beginning to happen. it is the same thing with zynga. we were one of the only cities taxing stock options. we dealt with that.
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we have been demonstrating we want technology companies to grow. this is the innovation ecosystem we want to create. we will do everything possible here. as duncan announced earlier, a rocket space is one of a number of technology companies locating here. over 4.5 million space of office -- over 4.5 million feet of office space has been leased this year. of that 4.6 million square feet, 1.6 million square feet have been leased by technology companies. tech leasing has become our basic business in san francisco.
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it is the bundling of services that come with the space. it is the smart way of doing things. if cities are going to survive, they have to be smarter about it. they have to reach out to new technology. i have to keep changing government to make sure we are business-friendly and doing smart things. rocket space has an earthquake-safe building. then you start seeing the technology businesses. everybody is innovating in this building. they are innovating with great ideas. whether it is travel, financial , were just better ways of doing business all over the place, we have so much innovation going
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on. i have gotten innovated and inspired. i am happy to be here and congratulate you for a great offering of this building and the expansion that is coming on. i want to thank all of the ceo's for the innovation you are bringing to san francisco. my next visit is going to be in the bayview. there is great hope in the city. high-school kids are wondering what their futures will be like. maybe they see blockages, lack of income, less opportunity. when i have the opportunity to talk with them,