There are few jobs in the world that are more fun than being the head of Urban Development for a great and thriving city.

Ask your friends how many stars will be in the U.S. flag in 50 years? And the reason why that's a reasonable question is because there has never been a President of the United States who's been buried under the same flag he was born under.

Venture capital is about .02% of the U.S. economy invested, and it accounts for 11% of total U.S. jobs and 21% of U.S. economic output. And the reason why is because these companies can get very big, very quickly.

One of the lessons that I hope people will take out is the extreme dependence simply on the financial sector is really dangerous.

Real estate prices are way out of whack with what people earn.

It is important that New York, in addition to its fashion, and finance, and tourism, and communications infrastructure, also begin developing venture infrastructure that's for real.

Until African-Americans and Hispanics can get serious, not just about area studies, which are important, but also about science and technology, they're not going to generate that wealth and that job within those communities. And that has absolutely devastating consequences for the places where people live, for the jobs and for the wealth.