steve pagliuca, here in part of harvard university.hat made you fund the life lab that is the other key lab here? steve: when i was running for senate, one of my campaign promises was we would protect biotech here and life sciences. i wrote an editorial saying, we've really got to not let that leave, like technology left 20 years ago for silicon valley. we have a different structure here, the best universities, the best hospitals. that idea started five years ago. ns came up with the idea of building a facility that would allow these startups to stay here instead of leaf, -- leave, be cost-effective, and try to grow companies. caroline: were you worried about a brain drain? steve: we could see it already in the tech industry. 25 years ago, we had digital equipment. many of the technology companies got bought and went to california. the mayor got involved. the governor. they promoted the life sciences. you can see the results of it now. caroline: it sounds as though innovators and entrepreneurs are committed to remaining in the area. wh

caroline: that was steve pagliuca.acebook famously started in a harvard dorm room, is considered as the one that got away. headquartered in california, facebook quietly returned to cambridge in 2013 to open an engineering office. the company is taking advantage of the talent. kendall square in cambridge is thhet of austin's tech community. west coast software giants of taken note. >> facebook is looking for opportunities in boston. boston is a combination of senior engineers and great universities. caroline: he helped facebook open the office nine years after mark zuckerberg developed a social network at harvard. it has grown to 18,000 square feet and employs 100 engineers that tackle some of the toughest challenges. >> most of what we are working on his infrastructure. they are working on the technology that is the underpinning for the products people see on a regular basis. caroline: compilers, storage, security, networking. these systems needed to develop the applications that reach facebook's users. the team also s

caroline: that was capital managing director and cochairman steve pagliuca.ook famously started by mark zuckerberg in a harvard dorm room is considered by harvard's tech community, he is the one that got away. headquartered in california, facebook quietly returned cambridge in 2013 to open an engineering office. today, the company is taking advantage of the towns top talent. kendall square in cambridge is the heart of boston's tech community. west coast software giants have taken note, establishing a presence here. >> facebook is always looking to hire the best talent. we came here becau atin is a combination of talented engineers and great universities. caroline: he helped facebook opened their boston office nine years after mark zuckerber idea. e fice has grown to 18,500 square feet. it employs about 100 engineers that tackle some of the company's toughest challenges. >> most of what we work on them -- on in boston is infrastructure. two thirds is working on a technology that is the underpinning forheroject and other people you see on a regular basis. carol