biotech hub, and a new sales force campus. we have world-class convention facilities and museums around the garden. we are on the verge of 10,000 new housing units and acres of new parts and commercial space at the renewed hunters club shipyard. for that many of you that have worked so hard on these projects over the years, and to our investors, you have my unwavering commitment that we will make good on these promises. [applause] so, on tuesday i will introduce legislation to the board of supervisors to protect these projects and the thousands of jobs they will create for our future. i know, i said it. jobs.

you are tired of hearing me talk about it. some of you in the media have made fun of me for it. i can live with that. jobs in smart economic development for our city is my top priority. they will be every day that in your mayor. because of that, unemployment is on a steady decrease, while investment and job creation are on a steady increase. unemployment in san francisco went down dramatically, from 9.9% when i stood before you last january, to 7.8% in november. ladies and gentlemen, that means 17,000 san franciscans went back to work last year. [applause]

while we can be proud of that, it is of little comfort to the single parent, recent graduate, or attorney veteran that find themselves out of work. we must do better. we will. we will do better, by continuing to attract good businesses and jobs. if we could take on the issues like pension reform, surely we could reform the tax structure to incentivize job creation, not discourage it. we must reform it. now is the time to finally get it done. small business is the backbone of our local economy and foundation of our vibrant neighborhoods. we can do more to help them. we will strengthen our office of small business and dramatically increase support for small businesses with loans and targeted investment in our

commercial corridors. at the same time that we are recruiting those high-tech companies in san francisco, we need to make sure that our young people, as well of those in the middle of their career who are out of work and looking for change, to get the skills and jobs that those companies are creating right here at home. we can do it by working with people like the thing that -- like zynga to partner for nonprofits and city college. through the diversity of our people and geographic locations on the pacific, san francisco is uniquely positioned to be the preeminent gateway for goods and visitors from latin america and beyond. growing our international trade and tourism generates jobs for

san franciscans at home and abroad. with organizations like sfmade, from bike messenger bags to ceramic tiles, a new market is being created around the world for local goods made right here in san francisco. [applause] clearly, i can go on and on about jobs. i will. jobs will remain the top priority of the administration. you should care about jobs, the economy, and innovation. if you care about muni, like i do, you should care about jobs, our community, and innovation. whether it is parks, health care, the arts, public safety, the environment, where schools,

our ability is directly connected to giving every family the ability of a paycheck and willingness to embrace innovation. through all of this, we are partnering with a new generation of community oriented business people, joining a long time neighborhood and community activists to help san francisco realize its goals. whether it is the great new economy, like ron and gail conway or mark danny cox, who is leading the 21st century movement, or neighborhood and community leaders, like rows in chinatown, mary and al harris in the mission, or dr. joe marshall in the bayview, san franciscans from across the city are working together to find new and exciting ways to address social problems. they are bringing legions of committed people to the table with them.

we all want a city where a kid from any neighborhood can grow out safely, play in his local park, and go to a good public school. we want a city where kids can go to college and get the education that they need for a job. or opening a small business in the outer sunset. at its best, san francisco is a city for everyone. we are a city for the 100%. [applause] we will only realize our true promise and potential when we serve the needs and aspirations of each and every one. i will tell you one of the ways that we can do that. we need to create a permanent source of revenue. for funding of production and

housing in san francisco. creating a space that is livable for everyone at every end of the spectrum. but just low-income housing, but working-class housing. we must never let up on our efforts to fight homelessness, move people off of the streets and into supportive housing. we must continue to embrace innovative approaches to help families and individuals find permanent homes. so, this week that will direct the mayor's office of housing to convene a broad working group of housing advocates, city officials, developers, and community leaders to develop a measure that we can place on the november ballot to create a permanent housing trust fund. san francisco must remain a place. [applause] san francisco must remain a place where everyone of us can

call home. let's roll up our sleeves. let's go to work and get it all done. [applause] i am aware that this is not just government. sometimes it is politics. some of us will be tempted to derail the process for our own political of vantage, looking to demonize one group or another. i am telling you right now, as your mayor, i have no time for that. we are all elected by our same boss. the people of san francisco. they expect us to get things done. [applause] you may not always agree with me, but every day i will make one pledge. that every decision that i make is what i think is best for the city and all of the people of

san francisco. that is my standard. san francisco is the greatest city in the world. the greatest city in the world. [applause] and because of our people, and because we are the innovation capital of the world, i have no doubt that we will confront and overcome each of our challenges. let's take up the call and make the city work for everyone. together, let us get it done. thank you very much. [applause] >> very good. [applause] >> [unintelligible]

[applause] >> you may be seated. mr. mayor, that was a marvelous message. some of the people here are here to share this moment with you and say congratulations. names have arrived on these little yellow cards. first and foremost i should acknowledge, the closest thing that we have to a president, charlotte's secretary, george schulz. [applause]

diane acknowledged, in a group of mayors, identifying the ones who are here now. but this city has a legacy of all the people who have served and continually participate. not only is gina here, but kathleen alioto is here. [applause] a true son of san francisco, kevin shelley is here. of the supervisors, john of a los -- avalos is here.

in the citywide elected officials, bill cain is here. on the state level, tom [unintelligible] [applause] the board of equalization member, betty yi. [applause] and, of course, mr. mayor, i refer to -- is that yours? [laughter] >> i believe so. >> two children.

already proposes and ready to seek headlines. emily more arrests. [applause] state comptroller, john chomp. [applause] and your own controller, ben rosenfield. [applause] school board member, rachel morton. [applause] school board member, sandra lee [applause] you referred earlier to selecting the chief. which is great, sir.

gavin named the first female fire chief. [applause] and you kept his chief of staff, steve caller. where are you, steve? [applause] then, mr. mayor, all of this did not just happen. all of the business of this beautiful blue drapery, decking out city hall with a blue carpet and horns of plenty, heralding your arrival. that all happened because you had an inaugural committee headed by none other than charlotte, matthew, and martha. they put all that together.

standup if you are a member of that inaugural committee. [applause] then, of course, mr. mayor, you posted during the christmas holidays an event for a very important international unit. as the city unfolds in its international importance, the core of san francisco is going to be very important. please rise of the people concede we really are. [applause] san francisco, frankly, would never be complete -- i left my heart in san francisco?

that is part of what we are about. there is something that has become equally important in this city. that is none other than what john silver has been putting together now, one way or another, in memory of the in in an ongoing basis to silver, which is beach bank -- beach blanket babylon. so, cool it and watch beach blanket babylon. >> ♪ it only takes a tiny corner by the place, not your love.

i have been away, but now i am back to tell you san francisco, open your golden gate san francisco, you are the laundering one no more tell me why the heart of the golden work. san francisco, open your golden

gate shoes you're wondering one no more. but tell me you are the heart of gold in july [unintelligible] ♪

>> good morning, everyone. i am one of the founders of foundersne end. this is a space for more entrepreneurs, technology and innovation. supporting it is near and dear to our heart.

we are happy to welcome ron and mayor lee here. founders and that is almost one year old. we have had 40 companies come through here to raise over $40 million in venture-capital. without further ado, i want to introduce you to one of our most preeminent angel investors, ron conaway. [applause] >> thank you and welcome. for those of you who do not know me, i am a third-generation san francisco and, for better or for worse. it was a decision my parents made in high school to move to atherton. i ended up staying there until three years ago and have been active in civic activities ever since. it is important to be involved in civic and philanthropic

activities. my day job -- and i am still very active in this job -- as an angel investor investing in bay area companies when they are what we call babies. these are start-ups that have two or three people, and sv angels funds those start-ups. one of the starters -- smartest decisions i made was only to invest in internet and software. we have invested in over 600 companies, many of them in the city of san francisco. for sure, today, we have set a record for any city in the country that has rallied and united the tech community to support collective, civic action. this never happened before. we are in the perfect storm with the election of mayor ed lee, to

make this happen and to accomplish a lot. ed lee, as interim mayor, stepped up for the tech community, he kept twitter in san francisco, got private stock option tech abolished, with the help of david chiu, and convened last april the ad hoc council, which i know he plans to reconvene as mayor. it was not easy to get ed lee to run for mayor. warren hellman and myself, and i know dianne feinstein and mayer brown as well, helped convince the end lead to run. it is one of the best meetings that warren and i have had, when we sat in his office for one hour, and we felt like we meant some headway, and we must have, because he is here.

it is not a coincidence -- it is a coincidence, that the tech community it is following the example that warren hellman has set for this community. warren hellman and i were very close friends, and i think upstairs right now, he has a huge smile on his face. he cared as much about san francisco as any of us. he loved the tech community. a majority of his investments were in tech. he really gets what we are trying to do, and we should advance his cause of civic engagement. after ed decided to run, the tech community rallied around him. in an effort today, not to lose

any of them momentum, we are forming this organization called sf citi. we do not want to lose the momentum for the tech agenda in san francisco, and we think this is an exciting day for us. we heard from ed in his neck inauguration when he declared san francisco the innovation capital of the world, and that is the charter that sf citi wants to but -- promote. his inauguration speech was not just a speech, but a call for action, and the tech community is responding today, less than one week after he gave that speech. we represent the new economy in san francisco, and with this partnership, we hope to create thousands of new jobs. that will be our first quarter. -- charter. we witnessed mayor ed delete during his inauguration be the

first elected official as far as we know who ever treated during their inauguration. not only did he tweet, he tweeted an infographic. a couple of people stayed up all night creating this, and guess what, it is all about jobs. both of them are here, and we want to thank them. [applause] before i tell me more about s.f. citi, i want to introduce our elected officials here. scott wiener, mark farrell, david chiu, the president of the board of supervisors, and christina olague, our newest supervisor. [applause]

jane kim is here. awesome. we are in jane kim's district. jane and zynga have been the forbearers of the jobs issue, raising our consciousness about that. ed lee adopting that as well. there is somebody in the room, if we could of educated him fast enough, we could have had him stand here instead of me because he is the best speaker i have met. where is mayer brown? [applause] -- mayor brown? [applause] if you were at the dinner last saturday or the inauguration, he can be a stand-up. ed lee announced jay knapf as the chief innovation officer. he is the chief innovation

officer, but his nickname is chief heck officer. because we are going to adopt a charter to create jobs in san francisco, we want to think back to where jobs really originate, where people start their work ethic, and that is in grade school. we are to partner with community organizations in san francisco, and we have with us today chuck collins from the ymca, robert connolly from the boys and girls club, and eric mcdonald from united way. as we grow, we will put in a structured programs to give kids a path to employment. now let's talk about the team that will execute our vision.

that is our member companies, many of whom are here. in your packets, there is a list of all of our member companies. we could not be prouder of the number of tech companies in san francisco who have already joined s.f. citi. at 5:00 yesterday, we had 72 members. this morning, we had 85 members. from 7:00 -- yes, we should clap. [applause] why don't any member company not standing, stand. [applause] this is s.f. citi, really not

the people up here. it is the member companies that have adopted us. s.f. citi -- the power of s.f. citi is in our membership. from 7:00 this morning, the following companies have also joined who are not on a placard. yelp, rippleseed, advent, yammer, and we have added a new organization to s.f. citi, the black founders, who are here. every time we have a new member company, it will go on our website. please watch the list grow. our member companies today represent 90% of the tech jobs in san francisco today. need this to say, we represent the tech community. let's talk about the structure of s.f. citi. i am going to