San Francisco’s Pursuit of Tech Spurs Questions
San Francisco Mayor Ed Lee wants to do more to promote the local technology industry than any mayor before him. But some who advocate for low-income residents in this rapidly changing city are saying that’s not necessarily a good thing.
Since he was appointed mayor a year ago and elected to a full term in November, Mr. Lee has made it a priority to boost the city’s economy through the tech industry. Last year, he backed tax breaks to help San Francisco Internet companies Zynga Inc. and Twitter Inc. He visits tech companies weekly and is close to start-up financier Ron Conway.