We have Mayor Newsom. Thanks for coming.

Second Politician. Hi. Thank you for joining us.

Thank you. Thanks for having me. And, next time when we to talk in my scheduler and I don't wanna follow Eric Schmidt. But thank you all very much for being here. My job is simple, it's to welcome you to this wacky and wonderful place I call home, San Fransisco. A city of dreamers, of doers, of entrepreneurs, of innovators. A city that prides itself on being on the leading and cutting edge of new ideas. You are home to the birth place of life science and the bio-tech industry had all started here in the great city and county of San Francisco. And I bet half of you have forgotten that the United Nations was also founded here in the city and county of San Fransisco.

I see that to make this point, what makes the city a special place is a remarkable capacity to live to together and that's together and prosper together across every conceivable and imaginable difference.

A nd at it's core, that's the economic paradigm that makes this city so vibrant and what makes me so optimistic about our faith and future. You all know this. It used to be the economic paradigm is that a big company would open up and everyone would move in to that city where they're operating.

Now, you know what is the exactly the opposite. Companies are flocking to where the talent is, to where people are. So, the economic paradigm and the focus of our efforts here in San Francisco are to create the conditions were people regardless of their race or ethnicity. Regardless of their religious affiliations, young, old, rich, poor, regardless of their sexual orientation. That they come here to live out loud. To live their lives in a way that there fully expressive and that is our economic purpose is to create those conditions to invite the best and the brightest minds from around the world to this 47-1/2 square miles city, that was probably best described as 47-1/2 square miles surrounded by reality.

It truly is a magical place when we not just celebrate all our interesting differences but we unite around our common humanity: the things that bind us together.

And, I think, that's one of the reasons you're in a city that has among the lowest unemployment rate as to the 58 city and counties in the state. Still, way too high but doing better than almost any other county in California. And it's a City and County where people are making historic investments. We are home to Twitter. We're home to UStream, we're home to Foursquare. We're home to Wikimedia Foundation and, we're now home to a 270-thousand-square put brand new headquarters at 8th and Brannan of one of our favorite companies, Zynga that formally today, though it was leaked as announcing their new headquarters here in San Francisco.

A company that just a few years ago had 398 employees, now has a over 1200 and is opening up in a space where they have made a 7 year commitment to our city where they'll probably grow north of 2 thousand employees. Of course that's not where it all ends. Gaming is taking off. You know this, you would play it on Playfish you know this. Your Zynga, you certainly know this and I again, just congratulate them on their wisdom on making a commitment, a long term commitment to the city, and I in return we are, as a city making it long term commitment to Zynga.

But so are we too to companies like Salesforce that are growing exponentially. Companies like Dolby Labs right here around the corner in this great city. This city is taking off. This city is starting to see these high tech companies that were down in the Silicon Valley and other parts of the state and across the country now coming back and rediscovering what's right with San Francisco. And I guess I'm here because not because I'm the mayor but I'm a guy who lives here. Guys created over a thousand jobs in the private sector and cares about our fate and future and cares about this city as an economic engine for the state and this nation.

And I'm here to tell you that San Francisco's best days are ahead of us, not behind us. And there's a lot of excitement and enthusiasm taking shape here in the city and I, I want to impress upon you,those of you that maybe operating companies outside the city to take another look at San Fransisco. Those of you that are operating outside the state, to think about this state once again and where the talent is. That is the competitive differentiator: Talent. People. Creativity.

And creating again those conditions that invite the best and the brightest around the world. It shouldn't surprise any of proximity to Berkeley, to Stanford, to UCSF, the research and the development that's being done down here, that human capital is what's defining this economic engine in this region.

We know what's happening in Maryland. We know what's happening in Connecticut, we know what's happening in Boston and, we know what's happening in places like San Diego. And we know they understand these ingredients.

But, again, those ingredients, that organic growth that we have seen in this city is part of the DNA. It's part of the lifeblood of San Francisco.

So, I'm here in that stead as Mayor to promote this wonderful city I call home. I'm here as a small business person to say, one day I look forward putting up very soon I hope to get back in the business world and I hope that I'll get continue to find the growth and opportunity and to invest in and around the San Francisco bay area. And I'm here to tell you that now is the time to invest in the city.

The rents have never been better. The opportunity to find big space is never been so self evident. Don't be like those company that have to shift all their employees and spend hundreds of thousands of dollars a month down to the South Bay when you can spend less money and just go where the employees are already are, by opening up and expanding here in the city and county of San Francisco.

So, that's my admonition to you I am the guy with the tie on, so I'm a little uneasy being here but I say this, I just came back by the way from Lieutenant Governor's debate. But I'm not gonna bore with that, in the Politics. But I am here to Thank you for all your work. Thank you for your creativity. Thanks you for you ingenuity . Thank you for your willingness to take risks. Learn from your mistakes. Thank you for understanding that mistakes or a portal of discovery . Thank you for understanding you missed a 100% of the shots you don't take. Thank you for enlightening people senses and giving people hope and expectation and wonder, t hat is the quality of imagination that is inside of each and every one of you. Thank you for making San Fransisco, this state and this nation for that manner, the world such a special and you unique place and thank you for the work that you will be doing, that work that again is a head of all of us and inside of each and every one of you.

Thank you to TechCrunch. Thank you for making the time and making the investment and hosting this conference here. And thank you to Mayor Bloomberg for saying a lot of the same things I just said in New York but with all do respect, w e here in San Francisco are equally competitive. And my good friend Michael in the East Coast. And we want you to recognize those inherit unique advantages: Geography, Proximity, a gateway to Asia and Pacific - To California, our fate and future, the sky is the limit. I'm grateful to all of you being here and taking the time. Thank you all very much, have a great conference.


Well, thank you, Mayor Newsom. Thank you for coming by.

I think next time, we're gonna have Mayor Newsom and Mayor Bloomberg debate on which is the better city.

So, the most amazing