Posts Tagged ‘CEO’

So the San Francisco 2024 Olympics Bid is Based on London 2012, Which Ended with a “Surplus?” – Here’s Why That’s Wrong

Friday, December 19th, 2014

Well, here’s your set-up, from the San Francisco Chronicle:

“…San Francisco is trying to apply the model used in London in 2012. The games there were concentrated primarily in existing, temporary or shrinkable facilities and ended with a surplus…”

But that’s wrong, wrong, wrong.

Let’s travel back to 2007, via BBC News:

“The overall budget for the London Olympics submitted in the bid to the International Olympic Committee was £2.4bn.” [In Yankee Dollars, that’s $4 billion-something.]

Now let’s look at the official total of the actual cost, via BBC News:

£9.29bn  [In Yankee Dollars, that’s in the area of $14 billion-something.]

So, how can the boosters of London 2012 claim to have come in “under-budget?” Well, it’s because they simply boosted the budget almost 300% to get it above what they ended up spending, you know, Hollywood accounting* style:

“The budget was revised upwards after taking into account previously overlooked costs such as VAT, increased security… Addressing the original bid budget of £2.4bn, Sports Minister Hugh Robertson said there was a “recognition right from the word go that figure would have to change dramatically on the basis of delivering the Games”

Now let’s hear from San Francisco Mayor Willie Brown, to explain things for us:

“News that the Transbay Terminal is something like $300 million over budget should not come as a shock to anyone. We always knew the initial estimate was way under the real cost. Just like we never had a real cost for the Central Subway or the Bay Bridge or any other massive construction project. So get off it. In the world of civic projects, the first budget is really just a down payment. If people knew the real cost from the start, nothing would ever be approved. The idea is to get going. Start digging a hole and make it so big, there’s no alternative to coming up with the money to fill it in.”

Also, how is building temporary stadia (stadiums?) cheaper than building permanent structures? Oh, it’s not, but at least the IOC won’t have to deal with crumbling infrastructure as an icon of the 2024 Summer Games? So, you build a white elephant, then tear it down, and then it’s like it wasn’t even there? OK fine.

I’ll tell you, there’s no way the IOC will agree to an Olympics in the Bay Area without taxpayers being on the hook for overruns. No way. The last time something like that occurred was 1984, when Los Angeles didn’t really have to compete with a host of other potential host cities around the world. Just look at what the Mayor of Chicago had to agree to in order to just be considered for the 2016 Games. (Yes, he talked about insurance policies, actual policies from insurance companies, but those wouldn’t have worked out either, for various reasons.)

Oh, and this is just in, here’s Mike Sugerman:

Vegas Odds Makers: Los Angeles, Boston Have Better Shot Than San Francisco To Host 2024 Olympics

If you do the math, our odds of “winning” the title of sole potential U.S. host of the 2024 Olympics are about 17%. (These Vegas odds certainly square with my understanding. IRL, the IOC hates, just hates, the idea of having Washington DC host, and IRL, the USOC is frightened, is horrified, of fractious Bay Area politics, and, frankly, Larry Baer is the last person you want herding cats, if said cats include any city in the South Bay, where, frankly, his name is mud.)

That’s your 2024 Olympics Update.

*In Hollywood, the goal is to make a profitable venture appear to be unprofitable, the better to lower costs for the studio. OTOH, in the world of the Olympics, the goal is to show a “profit” even though expenses exceeded income. 

The Last America’s Cup Column Ever from CW Nevius: Larry Ellison’s Former #1 Booster Becomes a Critic

Thursday, December 18th, 2014

I don’t see how CW Nevius could possibly write another America’s Cup column after this one, so enjoy:

Remember the America’s Cup?”

Sure, it was the event you cheerleaded for when you moved to town about four years ago. It cost us a lot of money and you, CW Nevius, never apologized.

Monumental hype, epic races and crashes on San Francisco Bay, and controversy on top of controversy.

Well, let’s see here, wasn’t it you, CW Nevius, who was Grand Marshall of the America’s Cup “hype” team? Yes, it was. And speaking of remembering, what about this quote: “Holding the America’s Cup race in San Francisco is a wonderful opportunity without a downside. It is a win-win that will bring cargo bags of cash to the Bay Area.” Again, it was you, CW Nevius. Except this fiasco wasn’t a wonderful opportunity, and it wasn’t a win-win, and actually, we lost money on the deal. And actually, somebody was killed in one of those “epic” crashes on San Francisco Bay, you remember? It was just last year, actually, that this occurred.

In San Francisco, he changed the boats from stodgy, slow monohulls to 72-foot catamarans that could jet over the waves at nearly 60 mph.

The prior Cup didn’t use stodgy, slow monohulls, as you seem to imply. The change away from monohulls didn’t happen in SF. You want to make some point, so you change the facts to fit?

Ellison apparently wanted to be praised and admired. We were more like, “Uh, Larry, you promised us a fleet of eight to 12 boats and you only delivered three. And by the way, the 72-footers are so big and unwieldy that they are scary and dangerous.”

The problem with this is that CW Nevius was a great proponent of “NASCAR on the water. But then when he actually gets NASCAR on the water, he claims he doesn’t like it. OK fine.

Ellison is on the case this time. The boats will be smaller, 60 feet, will “only” reach speeds of 50 mph, and there will be a lot more of them. Five challengers have already committed, with five more “expressing interest.”

Oh, so CW Nevius now “knows” that everything will be fine with the boats next time, the same way he thought everything was going to be fine with the boats last time. Also, he now “knows” there’ll be more competitors?

San Francisco spent, and after sponsorships were included the city’s contribution was just $24 million. (The final event shortfall was $5 million after sales and endorsement money came in.)

“Just” $24 million, huh? Well, that number is understated, and I wouldn’t put a “just” in front of it. And the loss for SFGov  was far greater than $5 million.

So maybe we misunderstood Ellison. Maybe instead of bringing sailing to the masses, what he really meant was he was bringing masses of money to sailing. But the press coverage in Bermuda is expected to be very flattering.

So why does CW Nevius expect press coverage in Bermuda to be “very flattering?” What’s the connection between the stinger and all that came before it?

(CW Nevius sometimes seems to think that he himself is the San Francisco Chronicle, but I strongly disagree with that concept. Hey, what if the Chron were a catamaran, then what The Nevius be? A bunch of barnacles on the hulls? Something like that.)

Here’s Why SF’s Effort to Host the 2024 Olympics Will (Probably) Fail: “Public opposition is expected to be substantial”

Tuesday, December 16th, 2014

I’ll tell you, I’m less optimistic about the San Francisco Bay Area’s odds of landing the 2024 Olympics than, say, Messrs Matier und Ross:

“What’s going to matter most is who can play best at the global level against the likes of Paris and Berlin — and on that point, the Bay Area has the lead.”

(Oh, and Rome, don’t forget about Rome, Italy and all those other Euro megacities which also are in the running for the 2024 Summer Olympics and which have a tiny bit more “European flair” than the fourth largest city in California.)

(And you know, sometimes I think our local Olympic “Movement” is a mechanism to separate Larry Baer from some of his money, is a way to allow Lare Bear to dream a little Dream.)

In any event, per Phil Matier [whoo boy, I think Phil's been spun on this one, big-time, by the usual suspects] we have “the lead” in “what’s going to matter most” at today’s big USOC meeting down in San Mateo County?

I think not.

Let’s now read the news and turn the pages of the Chicago Tribune to get the real handicapping, direct from the source:

USOC chairman says odds good for 2024 Olympic bid, with single city

Let me read between the lines, if necessary.

BOSTON: A viable choice, but there’s lots of citizen opposition already.

DC: They’ll never get picked by the IOC so there’s no chance they’ll get picked by the USOC. They’re drawing dead. (Will it be a good experience sending a delegation across the country on behalf of DC? Sure, for the people that go on the junket. They’ll talk about it for years.)

SF Bay Area: Here you go:

San Francisco likely is the candidate the USOC would prefer under ideal circumstances, but the city’s fractious political atmosphere, venue questions and the number of other large Bay Area municipalities that would probably need to be involved diminishes the chance for that to happen.”It is a city that resonates with the IOC membership,” Probst said.  “There is this magical appeal about San Francisco people find compelling.” Public opposition in San Francisco is expected to be substantial.

These are problems that simply can’t be fixed in a few weeks. Hey, you know what the USOC spends a lot of its time doing over in Colorado Springs? It scans the Web looking for opposition to the Bay Area bid, it ponders how big the opposition will be, ’cause the USOC surely knows it’s coming. Now, one of the reasons we haven’t heard much opposition is that the Olympic Movement is squatting on URLs it thinks the opposition might use. Is that kosher? I think not. SF2024 talks a big game about “dreaming big,” but when the rubber meets the road, it plays hardball. Isn’t that a tad inconsistent? Similarly, Larry Baer says fuck you to the South Bay by blocking any attempt to have the A’s move down there and, all of a sudden, he’s all let’s do this thing, San Jose? Larry’s name is mud in SJ, so why should SJ sign up for its pro-rated share of the cost overruns, like a billion dollars – how’s that going to work?

LA: Front runner, babe.

(Of course, the Chairman, the Dear Leader, is also signaling to the potential US Host Cities what their weaknesses are, the better for them to offer reassurances at the big beauty contest down south this AM. It’s a dynamic situation, of course.)

Hey, how’s that $50 billion Sochi Olympics working out for Russia these days? Oh, the whole country just lost $80 billion but the Russian People are so so happy to have funded a big party for Vladimir Putin? Really?

(And that’s what the IOC did to Russia this year, the year of the IOC’s “Great” Reform.)

All right, here’s hoping that we’ll be out of the Olympic race tout de suite. Let’s hope we don’t send a bill to The Future of $10,000,000,000 in cost overruns.

That’s my Olympic Dream.

United States Olympic Committee to Meet in Redwood City on December 16th to Consider 2024 Olympics City Choice

Tuesday, December 9th, 2014

Well, here we go: The United States Olympic Committee is going to meet in Redwood City, CA on Tuesday, December 16th, 2014 to:

1. Announce it will* submit the name of a single* American city/region to the famously corrupt International Olympic Committee. This was supposed to happen in 2015 but things are getting pushed up.*

2. Hear the pleas from all the boosters from Boston MA, Washington DC, LA CA, and the San Francisco Bay Area. Like here’s why we’re going to have the best Olympics ever kind of thing.

The invite for low-level media should look something like this*

WHEN: X:XX PM PST, Wednesday, December 16th, 2016. The specific time may change on the day of the teleconference. Please check your e-mails to be sure you don’t miss the start of the call.
WHERE: Electronic Arts, 207 Redwood Shores Parkway, Redwood City, CA 94059
NUMBER: 1-800-XXX-XXXX
PASSCODE: XXXXXXX
WHO: Larry Probst, USOC Chairman, Scott Blackmun, USOC CEO
TOPICS: USOC Board meeting

Speaking of corruption, here’s Larry Probst toasting “Pooty,” aka Vladimir Putin:

chi-20141209-001 copy

Yish.

Suspiciously, the boosters from these very different cities/regions are saying the 2024 Olympics will cost pretty much the same amount of money: $4.5 billion or so.

Suspiciously, the boosters from all the bid cities/regions are saying that this whole process is at “its earliest stages” or “in the first inning,” but actually, whichever American city/region that the USOC picks over the next month or so will instantly become the front-runner for getting picked by the IOC to host the 2024 Games. The problem with that is that any area that gets picked will be on the hook for the inevitable overruns. And those should be around $10,000,000,000* or so.

So that’s where we’re at, that’s your 2024 Olympics Update.

*Probably

How Tesla CEO Elon Musk is WRONG WRONG WRONG About How the Fremont Assembly Plant Has Been in Operation for “Over 60 Years”

Wednesday, November 26th, 2014

Here’s the background:

How Elon Musk Hustled $1.4 Billion Out Of Nevada For Gigafactory

Now here’s Musk’s defense of the Nevada Gigglefactory battery tax incentive deal.

Which you can swallow or not, but I have a beef with this part in particular:

“However, the 20 year mark is simply when the last of the incentives expires. The Gigafactory itself will continue contributing economically to Nevada for much longer. Our automotive plant in California has been in operation for over 60 years with no foreseeable end in sight.”

Well, first of all, there’s nothing to stop Tesla or its successor from threatening to move away unless it receives another massive subsidy from the people of Nevada, right? So that’s just wrong.

But, more importantly, what’s up with this “over 60 years” thing? Let’s take a look.

Fremont Assembly began operations in 1963, right? 2014 minus 1963 = 51 years, right? 51 years is less than “over  60 years,” right?

And that doesn’t mean that this place was “in operation,” all that time, right?

And actually, it didn’t make sense to have such a big old GM factory in the Bay Area so it shut down in 1982. Let’s get some more deets:

“Operated as GM plant from 1963 to 1982, then became the site of NUMMI, GM’s joint venture with Toyota and the only major auto assembly plant remaining in California. Closed April 1, 2010, partially reopening as the Tesla Factory, an automobile assembly plant for Tesla Motors”

So Fremont Assembly was massively downsized when Toyota was coerced into starting up NUMMI, which lasted just 16 years.

Then NUMMI got massively downsized and now what’s left has been a Tesla factory for a couple years.

Now you might think that that’s good or bad, but this record sure doesn’t match what Elon Musk has to say.

END OF LINE

Here’s the Trouble with Phil Ginburg’s Rec and Park: The Soul is For Hire, And They’ve Sold the Heart – Two Examples

Wednesday, August 20th, 2014

Here’s one example:

After 30 years, medieval archery event leaves Golden Gate Park due to fees

And here’s another:

After 25 years, steep permit fees shut down Jimmy’s Old Car Picnic in GGP

Instead of those events, we now have corporate events, because they provide thousands of dollars to Phil Ginsburg, no questions asked.

Like this tent going up in the Panhandle now. What’s this, Jimmy’s New Car Picnic, sponsored by Ford?

7J7C5912 copy

Prolly not, but this tent is from some entity that has effectively outbid all those community events that Phil Ginsburg’s new-school approach has literally chased out of town.

Oh well.

New “Upshift” Company Delivers a Rental Car to You – It’s the “Uber of Carshare” – It’s Bicycle-Assisted Car Rentals

Friday, July 4th, 2014

Upshift is here, or at least it’s here in the Russian Hill and Nob Hill areas.

Here’s how it works:

“1. TAP A BUTTON – Anywhere in San Francisco. Get a car for the day with one tap. It’s that easy.

2. GET A CAR DELIVERED – Get a Small, Medium, Large, or Luxury vehicle delivered in 60 minutes. You drive it for the day & our driver rides off on a bike! Introductory rates from $49/day.

3. LEAVE IT ANYWHERE – Drop it off wherever you like in the city. We’ll come pick it up. That’s it. You’re done.”

So your rent-a-car will arrive double-parked at your front door with a green Bianchi or whatever on top and an inner-city sweathog inside. The Upshifter will simply hand you the keys and then pedal away.

Thusly:

(I’ll note that bicycle theft is an issue in San Francisco, just saying. Who’ll be the first Upshifter to lose his/her ride?)

All right, all the deets:

“Upshift is an exclusive, members only car club. Get the freedom of owning a private car with the luxury and convenience of a car service. Push a button, get a hybrid, SUV, or luxury car delivered. You drive it for a day. We pick it up when you’re done. No need to return to the same location as long as it’s in our zone (includes all of the core areas of San Francisco). We professionally operate a fleet of cars out of a single garage. Cars can only be taken out by the day only to start. Subscription pricing and recurrent bookings (eg, deliver a car every Tuesday at 7 am) for regular usage needs. The main limitation of carshare today is parking, not vehicle cost.”

Founded by Ezra Goldman. Who’s that?

“MCP, @MIT & PhD dropout. Co-founded a bikeshare in 1999. Piaggio shared EV scooters at MIT Media Lab in 2006. 2 years managing a startup in Copenhagen”

Upshift is the Uber of Carshare

Upshift makes getting out of town easy. Just push a button on your phone, get a car for the day delivered to your door, and get out of town. We’ll pick it up again anywhere in the city when you’re done, even at a different location from where we delivered, enabling a “one way” service. Payment is all done through your Upshift account, with no cash or card transactions and no paperwork.

Your next car fits in your pocket. And someday, it will drive itself to your door.

Upshift provides club members great cars on demand at the push of a button. We’ll pick up and drop off anywhere in the city- even in two different locations for one way service. Upshift provides more convenience and flexibility than car leasing with less cost, commitment and hassle.

We have spent over 2 years developing the model and getting backing from the world’s best carshare, autotech, and insurance experts around the world. Carsharing takes 9-13 cars off the road for each car we put on the road, unlocking new park space for more livable cities. We enable a transition to a car-free urban lifestyle, taking 1M cars off the streets, to save 10B pounds of CO2 per year by disrupting the car leasing market.

Upshift Twitter

Upshift FaceBook

Well, welcome to town, Upshift.

Dennis Herrera Throws Down: Tells “Monkey Parking” to Drop Mobile App for Auctioning City Parking Spots – $300 Fines?

Monday, June 23rd, 2014

[UPDATE: SFist (lots of comments already), Slate, and the San Francisco Chronicle are on the case.]

Gotta say I sort of saw this one coming.

And it’s not just Monkey Parking that’s in trouble today. Check out the craigslist ad from ParkModo (cached website) (@ParkModo – no Tweets yet, or maybe they were deleted?), posted on June 17th, 2014:

Earn $13.00 P/H Just To Park! (mission district)

Our company is launching an awesome app that rewards people to sell their on-street parking spots before leaving to people who need a spot.

To help us promote the app, we are looking for 20 people with cars and iPhones to park around the mission and use the app to offer their parking spots to people looking for parking.

The hours will be from 5:30-9:00 pm Thurs-Sat starting June 26th.

This is how it works:

1. You download the app from the app store.
2. When you want to work, you will contact our field manager to check in.
3. The field manager will then instruct you as to what area and type of spot you are to park in.
4. You will then find a spot in the area and park.
5. Once you are parked, using the app, you will offer the spot for sale. 
6. While you are waiting for someone to purchase the space, you will distribute postcards and promote the app.
7. Once someone purchases the spot, you will complete the transaction with the buyer and then find another space to park in and start the process all over again!

If you are interested, please click on the link below (Paste into your browser) and provide your information so we can contact you and get you started.

https://docs.google.com/forms/d/1To5Ck5FrPBMrh35SvJp-WDRg0WDyaLLyuo1_MS8pyV8/viewform?usp=send_form

We look forward to working with you!”

I think ParkModo’s operations will now be on hold, for a little bit at least. But do you want some more from them? See below.

Now, all the deets about all these troubled businesses, from Herrera’s office:

“Herrera tells Monkey Parking to drop mobile app for auctioning city parking spots

Motorists face $300 fines for each violation under existing law, City Attorney says — and three startups could be liable for penalties of up to $2,500 for each transaction

SAN FRANCISCO (June 23, 2014) — San Francisco City Attorney Dennis Herrera today issued an immediate cease-and-desist demand to Monkey Parking, a mobile peer-to-peer bidding app that enables motorists to auction off the public parking spaces their vehicles occupy to nearby drivers.   The app, currently available for iOS devices, describes itself on the Apple iTunes App Store as the “the first app which lets you make money every time that you are about to leave your on-street parking spot.”

The letter Herrera’s office issued this morning to Paolo Dobrowolny, CEO of the Rome, Italy-based tech startup, cites a key provision of San Francisco’s Police Code that specifically prohibits individuals and companies from buying, selling or leasing public on-street parking.  Police Code section 63(c) further provides that scofflaws — including drivers who “enter into a lease, rental agreement or contract of any kind” for public parking spots — face administrative penalties of up to $300 for each violation.  Because Monkey Parking’s business model is wholly premised on illegal transactions, the letter contends that the company would be subject to civil penalties of up to $2,500 per violation under California’s tough Unfair Competition Law were the city to sue.  Such a lawsuit would be imminent, Herrera’s office vowed, should the startup continue to operate in San Francisco past July 11, 2014.

Technology has given rise to many laudable innovations in how we live and work — and Monkey Parking is not one of them,” Herrera said.  “It’s illegal, it puts drivers on the hook for $300 fines, and it creates a predatory private market for public parking spaces that San Franciscans will not tolerate.  Worst of all, it encourages drivers to use their mobile devices unsafely — to engage in online bidding wars while driving.  People are free to rent out their own private driveways and garage spaces should they choose to do so.  But we will not abide businesses that hold hostage on-street public parking spots for their own private profit.”

Herrera’s cease-and-desist demand to Monkey Parking includes a request to the legal department of Apple Inc., which is copied on the letter, asking that the Cupertino, Calif.-based technology giant immediately remove the mobile application from its App Store for violating several of the company’s own guidelines.  Apple App Store Review Guidelines provide that “Apps must comply with all legal requirements in any location where they are made available to users” and that “Apps whose use may result in physical harm may be rejected.”

Two other startups that similarly violate local and state law with mobile app-enabled schemes intended to illegally monetize public parking spaces in San Francisco will also face legal action in the form of cease-and-desist demands this week, according to the City Attorney’s Office.  Sweetch charges a $5 flat fee when its users obtain a parking spot from another Sweetch motorist.  Sweetch drivers who pass their spots off to other Sweetch members are refunded $4 of that fee.  ParkModo, which appears poised to launch later this week, according to recent employment postings on Craigslist, will employ drivers at a rate of $13.00 per hour to occupy public parking spaces in the Mission District.  As with Monkey Parking and Sweetch, ParkModo then plans to sell the on-street parking spots to its paying members through its iPhone app.  Sweetch and ParkModo members who make use of the apps to park in San Francisco are also subject to civil penalties of $300 per violation, and both companies are potentially liable for civil penalties of $2,500 per transaction for illegal business practices under the Cali04fornia Unfair Competition Law.

A copy of Herrera’s demand letter to Monkey Parking and additional information about the San Francisco City Attorney’s Office is available at: http://www.sfcityattorney.org/.”

And here’s a little more from ParkModo:

“We are currently rolling out the beta in the following cities…

San Francisco – As beautiful as city it is, parking is just as bad! Not only is there way to much demand for the supply, but the parking police will catch you if they can! Be among the first 1000 people to download the app and get $5 in free parking!

New York – Instead of calling it the city that never sleeps, they should call it the city that never has parking! Get in on ParkModo and earn some serious cash and stop wasting your time. We know every minute in ny is precious.

Chicago – There may be wind here, but there is certainly no parking! Use ParkModo and fly like the wind when you need a space!”

“White House Maker Faire” + “President Obama’s Call To Action” + “Brit Morin + Co” = ???

Wednesday, June 18th, 2014

Sooooo, if Obama hadn’t issued his “call to action,” then “Brit + Co” wouldn’t have introduced these “four new programs?”

That’s how I’m reading this.

Enjoy:

“Responding to President Obama’s Call To Action, Brit + Co Announces Four New Programs to Reach Makers of All Ages

SAN FRANCISCO, June 18, 2014 — In support of the first ever White House Maker Faire, San Francisco-based company, Brit + Co, has created four new programs in a new effort to reach makers of all ages.

Founded in late 2011 by CEO Brit Morin, Brit + Co’s mission is to unlock creativity by educating, inspiring and supporting makers. The programs announced today are designed to further bring this mission to life and highlight the importance of creativity, STEM and making to women and girls across the United States.

“The Maker Movement is re-defining the American dream. With new advances in technology enabling the democratization of ideas, skills, and products, citizens young and old are now able to turn their creative passions into real businesses. This new economy is reigniting American manufacturing and employment, while bringing together communities of makers who are producing innovative products for less cost than ever before. It’s an economy that could total nearly $700B.” stated Morin.

Since the beginning, Brit + Co has focused on inspiring and enabling women and girls to learn how to make, using tools and skills both new and old. As part of today’s White House Maker Faire, the company is announcing four new programs to continue igniting this audience:

These new programs include:

 –  Campus Ambassadors. Brit + Co’s new cohort of campus ambassadors will host local maker events once per quarter in their college or town, reaching as many as 20,000+ new makers per year.

–  Makeathons. Brit + Co will host a large-scale yearly ‘Makeathon’ to take place at their annual makers event, Re:Make, attended by thousands of people. Each Makeathon will focus on creating a new tool, app, gadget or program to solve a broad issue. The participants will be able to build relationships with leaders in technology for personal mentorship at the event and beyond.

–  Makers in Residence. Brit + Co will sponsor a select group of women to be “makers in residence” at Brit HQ each year, allowing them free co-working space and access to machines and DIY tools ranging from 3D printers to laser cutters.

–  Free E-Classes for Students. Brit + Co will engage K-12 students in making by developing a series of free e-classes that introduces kids to maker skills like 3D printing, graphic design and electronics. The e-classes will be designed for teachers to use in the classroom, or as an after school program. Each e-class will be paired with a DIY kit that provides students with hands-on materials to learn that particular skill or technology.

In addition, Morin will be in attendance at today’s White House Maker Faire and participating in a National Day of Making using #NationOfMakers on Twitter.

Brit + Co is an online media and e-commerce platform that provides tools to teach, inspire, and enable creativity among women and girls. From traditional crafts to high-tech manufacturing, Brit + Co connects millions of users with makers, designers, chefs, and inventors, together building a community of creativity.

For additional information on these programs, please visit the Brit + Co website at www.brit.co.

For more information on the White House Maker Faire and to watch live, please visit  www.WhiteHouse.gov/MakerFaire.

Press contact:

Amanda Duncan

What Mayor Ed Lee Is Doing Tomorrow: The “HSBC Made for Trade” Tour – Hey, Is Trade Good or Should We “Buy Local?”

Tuesday, June 17th, 2014

The “HSBC Made for Trade Tour” is blowing through town tomorrow – sked below.

Observations:

- So “trade” is good? I thought we were supposed to “buy local?” I don’t have a beef against international trade myself, but I’m a little surprised to see SFGov participating in this trade love-fest.

- Isn’t the Bay Area Council Economic Institute now discredited owing to the recent America’s Cup fiasco? I think so. And yet here there are popping up as if nothing at all is wrong. Here you go, this BACEI report was a laugh riot: The America’s Cup: Economic Impacts of a Match on San Francisco Bay. Check it, potential “economic benefits” of “$9.9 billion,” whatever that meant. And a “fleet of super yachts” was supposed to motor through the Panama Canal and then shower riches upon us in some sort of Build It And They Will Come aquatic cargo cult. Hey! Perhaps the BACEI could gin up a report for how great the 2024 Olympics would be for us – wouldn’t that be a nice encore?

- And isn’t our Chinese Consulate the Locus of Espionage for Northern California? I think so. Or name me a better one, gentle reader? Anyway, here they come, as if nothing’s a matter.

Here you go, here’s the pitch:

HSBC Made for Trade is a national conversation with leaders in business, government, industry and academia about the role of global trade in today’s economy. This national tour looks at the contribution of the international flow of goods, services and capital to the U.S. economy, and the opportunities for American businesses brought about by global trade.”

And here’s tomorrow’s agenda:

Program Agenda

Financing The Future
The Palace Hotel
San Francisco, CA
Wednesday, June 18, 2014

11:00 a.m.
Welcome 
Steve Bottomley
Head of Commercial Banking, North America, HSBC

11:05 a.m.
Innovative Policy Approaches To Support Globalization
Deputy Assistant Secretary Ted Dean
Deputy Assistant Secretary for Services, U.S. Department of Commerce, International Trade Administration

11:15 a.m.
Trade In The Bay Area: Investment And Global Financial Flows
Introduction by Steve Bottomley
Head of Commercial Banking, North America, HSBC
Moderated by Andrew S. Ross
Business Columnist, San Francisco Chronicle
Dr. Sean Randolph
President & CEO, Bay Area Council Economic Institute
Additional commentary from:
Deputy Assistant Secretary Ted Dean
Deputy Assistant Secretary for Services, U.S. Department of Commerce, International Trade Administration
Debra J. Lodge
Head of RMB FX Business Development, North America, HSBC Global Markets
Xia Xiang
Economic and Commercial Counselor, Consulate General of the People’s Republic of China, San Francisco

12:00 p.m.
Keynote Remarks
Introduction by Steve Bottomley
Head of Commercial Banking, North America, HSBC
The Honorable Edwin M. Lee
Mayor, City of San Francisco

12:20 p.m.
Lunch Served
Marlon Young
Chief Executive Officer, Americas, HSBC Private Bank

12:40 p.m.
Panel Discussion: How Bay Area Businesses Are Fueling The 
Future Of America
Introduction by Marlon Young
Chief Executive Officer, Americas, HSBC Private Bank
Moderated by Jim Wunderman
President and CEO, Bay Area Council
Benedict J. Bowler
Treasurer, Matson, Inc.
Lisa Peschcke-Koedt
Vice President, Global Tax and Customs, Cisco Systems, Inc.
Johan Nystedt
Vice President and Global Treasurer, Levi Strauss & Co.
Dan Shapero
Vice President, Talent Solutions, LinkedIn

1:25 p.m.
California And The Business Of Trade
Introduction by Marlon Young
Chief Executive Officer, Americas, HSBC Private Bank
Kish Rajan
Director, California Governor’s Office of Business and Economic Development

1:35 p.m.
Closing Remarks