In episode II of Mayor Bloomberg’s interview with Founder Stories host Chris Dixon, the two start off by discussing Mayor Bloomberg’s desire to strengthen the economic foundation of New York City by attracting top scholars in applied sciences.
Boasting of an already strong selection of universities in the area, Mr. Bloomberg tells Dixon, “we put out a proposal asking for responses for anybody who would like to move a university here or build another campus here of their university.” He says his team has narrowed the finalists to six, and the winner will receive “land and $100-million in infrastructure.”
While many universities can secure the funds necessary to make it work in NYC, the high cost of living poses greater challenges for founders of more modest means. Addressing the issue Mayor Bloomberg notes, if “low rent and low taxes is the difference between you being successful or not successful, you don’t have a business. If the having access to the best and the brightest is the difference, this is the place to be.”
Speaking about the best and brightest, Mayor Bloomberg says the United States needs to do more to welcome immigrants. He feels so strongly about the subject that he tells Dixon America is “committing national suicide” but not allowing such talented minds to help shape its future.
Make sure to hear the rest of his thoughts by viewing the entire interview.
Part I of Mayor Bloomberg’s interview is here.
Past Founder Stories episodes with leaders from Dropbox, MeetUp, Flipboard, Reddit, GroupMe, Bump and many other leading startups are here.
Part III of the Mayor’s interview is coming up.
Michael R. Bloomberg is the 108th Mayor of the City of New York. He was first elected in November 2001, two months after the terrorist attacks on 9/11. Born on February 14, 1942 in Boston and raised in a middle class home in Medford, Massachusetts, Michael Bloomberg attended Johns Hopkins University, where he paid his tuition by taking loans and working as a parking lot attendant. After college, he went on to receive an MBA from Harvard Business School. In...
Chris Dixon is a Partner at and co-founder of Founder Collective. He is also a contributing writer for TechCrunch. He previously was the CEO and Co-founder of SiteAdvisor, which was acquired by McAfee, and Hunch, which was acquired by eBay. In addition to his work with Founder’s Collective, Chris is a personal investor in early-stage technology companies, including Skype, TrialPay, DocVerse, Invite Media, Gerson Lehrman Group, ScanScout, OMGPOP, BillShrink, Oddcast, Panjiva, Knewton, and a handful of other startups that...