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Tuesday, May 25, 2010

Watch Out S.F.: Bloomberg Announces Startup Investment, Doesn't Tell Arrington to F*ck Off

Posted By on Tue, May 25, 2010 at 8:31 AM

click to enlarge PHOTO VIA MG SIEGLER/FLICKR

Dispatch from NYC Mayor Michael Bloomberg's appearance at TechCrunch Disrupt

The mayor made a stop at TechCrunch Disrupt in New York City 10 minutes ago. Here's what we learned:

--Firstmark Capital is investing $300,000 in MyCityWay, which created the app NYC Way, winner of the NYC Big Apps competition. The company is now able to move to NY from Jersey. (Where they will burn through the $300,000 in two months)

--He's a "proud owner" of a new iPad: "It's amazing."

--Joked that before he took the stage, he updated his Facebook page, posted a tweet, browsed Digg headlines, and posted a personal ad on Craigslist.

--The next Twitter "needs to be headquartered" in NY. (Watch out S.F.)



--If you want to start a steel mill or grow corn, New York is not the place for you.

--Is "a big fan of quality media." "An awful lot of the media has gone away from what the public wants to receive." Uses The Economist

as an example of how people will pay for content. Magazines are writing

the same things everyone else is writing. Graphics have become more

important than the words. He was probably referring to Business Week.

--Regarding how people read news: "You don't know what is going to be

important to you tomorrow. You want to hire someone who is going to

make that decision for you. You can't do that yourself." He's talking

about editors ... which kind of blew his earlier Digg reference out of

the water.

--People won't look at pop-up ads.

--"Quality newspapers and magazines are still doing okay."

His closing line: "Thank you all: Live in New York City"

Follow us on Twitter at @billyjensen and @sfweekly.

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