that was a suggestion from jack dorsey. co-founder of twitter, and the seventh anniversary of the bridge celebrated memorial day weekend, we have mc hammer, a friend of tech in the back. with that, questions from the media, please. >> i wonder if you could explain what these investments do? >> this organization is going to represent the tech community in a unified fashion. the first agenda, which we are taking the lead from ed lee on is job creation. if we can create 500 to 1000 new jobs this year, we can have a significant impact on the economy of san francisco. ouster -- our support for code for america, another nonprofit, to go into the city of san francisco, fined projects like david chiu just talked about, projects that volunteer hackers from the tech community can go in and solve problems for the city of san francisco, to eradicate bureaucracy. applying for a business license in san francisco is not a pleasant experience. we need to apply technology to problems like that. >> [inaudible] >> initially, it is about the e