Mayor seeks to solidify San Francisco's place as tech hub

04/30/2012 | Wall Street Journal, The

The newly elected mayor of San Francisco is waging a one-man crusade to lure technology firms to his city over the objections of some community advocates, who point to the previous tech boom in the 1990s as evidence that more industry means less affordable housing. Mayor Ed Lee -- whose overtures to the technology industry include special tax breaks and regular company visits -- says courting the industry will create jobs and that without the incentives, San Francisco's startups would likely move to other cities. Data show that between the third quarters of 2010 and 2011, San Francisco added 116 tech firms employing more than 6,000 people.

View Full Article in:

Wall Street Journal, The

Published in Brief: