Rarely does a week go by at City Hall these days without the announcement of another local tech company’s expansion — a development that always makes Mayor Ed Lee visibly gleeful.
When Lee took office in January 2011, The City’s unemployment rate was a staggering 9.5 percent. By this March, it had dropped to 8.1 percent, and much of the improvement is attributable to the tech industry.
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As the tech company Dropbox opened a massive new China Basin headquarters Wednesday, Mayor Ed Lee touted the news as further proof of The City’s growing image as a tech capital.Dropbox — which offers cloud data storage services for users of personal computers — joins firms such as Twitter, Zynga and Salesforce as part of the mayor’s effort to portray San Francisco as the “innovation capital of the world.”
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URL: http://www.sfexaminer.com/topics/dropbox