Agreement Signing Ceremony for d.light-JITA Partnership

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One is looking at talent, two is infrastructure, three is chasing leads. I convened all the university chancellors and presidents in the area for the first time ever, to talk about engineer retention and how we bring more ideas from the classroom to the boardroom to take patents and commercialize them. One of them is an initiative retaining engineers. We're looking at starting an initiative to bring STEM education to high schools, especially in lower income areas to teach coding and entrepreneurialism. I'm also looking at making L.A. city government a good platform. So if you want to test your product or idea, I want L.A. city to try it. I did it in my district with Parker, the first real time information app on where parking spaces are. L.A. is poised to grow and potentially overtake most, if not all of the cities above us. Tech startups are looking for good storytellers, good story makers — we're the best content producing city in the world. Two, our real estate prices are dramatically cheaper than New York and Silicon Valley/SF. Forty percent on average. Three, we've got a better quality of life. We have three top 25 universities in a single town, no one else has that ... We've had a great tech past we've never bragged about. Email was invented here, we've got JPL putting Rovers on Mars, SpaceX rethinking the launch system for NASA. We just have to retain that more, whether that's engineers staying here, or companies growing and keeping the front end and back end programmers, as opposed to just the headquarters, and continuing to create the spaces for people to collide with one another and network to get the next generation. I think Silicon Valley and New York firms need to open up offices in L.A. and that's a real goal of mine.