i'm also joined by kate sofis for the office of economic work force development and so i wanted to first give her an opportunity to address the mayor's disability council and then i will jump into the presentation. >> thank you very much. the office of small business is part of the larger office of economic and work force development and this department's entire mission is to help san franciscans achieve economic sustainability, whether through a job, small business ownership, entrepreneurship and our small businesses constitute the majority of businesses in the city. so it's very important. i also want to say on a personal level, when i took this position as department head, a little close to a year ago. i came from community myself and it was personal and is personal for me that we look at our community members who identify as having a disability, one or more disabilities at the top of my list of how we think about diversity when we think about building back a diverse equitable city. as we look at the impacts that the pandemic has had on our communities of color, on our youth, on our d

space are well off their worst levels but it's been a rough week for these firms affirm, sofi, all down double digits kate discussed her positioning within broader fintech. what did you learn >> that's right. yeah, cathie wood still very bullish on fintech she's bullish on bitcoin itself and block in particular, formerly known as square ark's sixth largest holding. their cash app announcing it would allow customers to invest their paychecks directly into bitcoin as well as implementing something called the lightning network for instant transfers. cathie wood not as bullish on another fintech name, ark recently selling all of its paypal holdings. wood says paypal may still be one of the winners in fintech for the long term, but ark analysts had a lot more conviction on block, in part because of bitcoin >> i think the way cash app is growing organically as opposed to more of a top down let's get this thing moving, stretch stretch stretch, i think there's an organic movement. i think it's going to be fired up now by bitcoin. >> she compared ark to a publicly traded venture capital fund she said it's very muc