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. 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."
Source: http://feedproxy.google.com/~r/Techcrunch/~3/Kc1nxHXYIGE/
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