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Sohodojo Advisory Board Member
Jim Schneider
The Taxman86 Speaks...
22 April 2000
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The Urban Scene is alive and well.

Front page headline...

What a pleasure it was to see the front page headline, Architecture School Plans Move to Edge of Downtown, in the Los Angeles Times.

What was not mentioned was that the school [500 students, faculty and staff] would be located in the Los Angeles Federal Empowerment Zone, just like Columbia University [20,000+] is within the New York City Empowerment Zone, and the University of California at Berkeley School of Biotechnology [4,000+] will soon be in the San Francisco Bayview Enterprise Community.

This proves out the theme that the Digarati, a.k.a. the Dot-Com generation like funky buildings and neighborhoods for their live, work, and play. If you want these types of employees you better move back to the city.

Red Herring is one of the country's leading journals on venture capital and their April 21, 2000 issue covers President Clinton's trip to East Palo Alto. Digital Divide part 1: Clinton tries to subtract from the Divide By Paul Kapustka

They also cover the issue of where Venture Capital is going after the crash. Now that VCs have binged, where will they purge? By Vanessa Richardson

We suggest that the trend back to urban centers for New Media, Film, Design and Architecture Schools are going to bring Dot-Com Companies to these urban centers, including home-based businesses, and with the upcoming passage of ZERO CAPITAL GAINS ZONES for Enterprise Zone Businesses, currently available in Washington, D.C.'s Enterprise Zone, the VCs will be following. You heard that first here.

Jim Schneider, LL.M.

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