So Resourceful

: So California

Session Three : Investing in the New Economy and Keeping Businesses in California

This session will consider the economic, labor and business environment of California, focusing steps to make the state more friendly to investment and business retention while enhancing the quality of life for residents of California.

Watch the full session.

Welcoming Remarks

Darlene Sq.jpg — **Darlene Chiu Bryant** - Executive Director of GlobalSF

Opening Remarks

**Fiona Ma** - California State Treasurer

Keynote Panel

**Ashley Swearengin** - President and CEO of the Central Valley Community Foundation

Katie Soo V2.jpg — **Katie Soo -** Senior Vice President, Head of Growth Marketing, HBO Max

Mary Walshok.jpg — **Mary Walshok** - Associate Vice Chancellor (AVC) for Public Programs and Dean of Extension UC San Diego

Moderator

Wenli Wang.jpg — **Wenli Wang** - Partner in Charge, San Francisco and Walnut Creek offices, Moss Adams

Let's talk about the Silicon Valley exodus‬

California is at an inflection point. It is the fifth largest economic entity on the planet and has a remarkable mix of innovation, productivity, high profile companies, an educated workforce and wide range of industries. Yet, the pandemic has exposed major weaknesses in the state’s economy. Taxes are high, regulations strict, housing is scarce, and economic inequality is on the rise. Many jobs have transitioned to AI and automation, others have been off-shored. A number of high-profile corporations have recently moved their headquarters out of the state.