thank you for your support. >> hello, i am ron conaway. i am not sure jennifer was introduced prior. jennifer is the co-founder of code for america with tim o'reilly. the founder. jennifer is our hostess today and we are very thankful. i was born in san francisco, moved to the peninsula, raised my family there, moved back to san francisco eight years ago. my day job, in addition to civic activities, i am an angel investors. since 1994, i have invested over 600 companies. it is very interesting to see -- and most of these companies are in the bay area. there are about 200 companies that are active today. of those 200 companies, most of which in the bay area, over 52% of our portfolio in sv angel are in san francisco today. what is significant is, in 2005, 75% of our portfolio was in silicon valley, i the south of san francisco. so there is definitely undisputed the migration of tech companies to san francisco, and we want to support that. some of the company that i am an investor in that will lead the charge in san francisco, twitter, ising

the conversation that i have had with ron conaway and companies that have registered a tremendous interestrking with john walton and are part of technology. we think it is absolutely necessary to register our interests in innovation by declaring the chief innovation officer for the city. perhaps the first in america, certainly in san francisco. i have tapped the talent jane to my right, who has been working in the department of technology. he has been the leader in open data government efforts in our city. i would like him to now come into the mayor's office and be the point person for us to declare that we want that innovation in the heart of the mayor's office and helping the departments figure out how they can use innovation and how they can be connected with nonprofits like code for america, to get not only their data, but even their business practices more efficient and transparent. he is our chief innovation officer for the city. he will be working alongside me in making sure the mayor's office, working with the board of supervisors, has at its helm, with the proper authority, a corp

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 w