Box still has not turned a profit and is losing more money than it is making. With me is our tech editor ari levy as well as leslie picker in new york. Joining us via skype is the director of a financial resource company. Francis, what is your take on these numbers . I look to a lot of the Cloud Companies focused on enterprise software. I look at the quarterly earnings, loss, and sales. For the most recent quarter, they had less than 40 million in revenue. Their loss was more than 40 million. They are riding the wave of the Cloud Company hysteria. I think they want to be dropbox, but i think it is premature. I did speak to aaron levie, the ceo of box, about the timing of the ipo. He has always said 2014 is the year. Take a listen to a portion of that interview. Ipo is on the path. You told us 2014. Are you still on track for that . I have said words like it could happen that year. I think i would still use those words. He is one of the more colorful ceos in the tech community. Ari, wha
7th is a number of highrise planned for that area and a the hotel will be torn down and kaplans will be torn down and the bill yard street i understand is owned by shore stop signs and own the twitter building and plan two huge highrise complexed that will be a constriction of housing and retail and theres no mention of lower rate housing in that those 20 buildings. Can you imagine Market Street with highrises between 67th and 7th. We need to take care of the seniors that are being thrown out of the city your next speaker hi, the com mends are here. Im the only actual you will t actual mom and pop person here im speaking on behalf of the one hundred percent of mom and pop landlords im the president of the small Property Owners were a pack of insignificant landlord and we believe that as landlords in San Francisco were not special were not good at being landlord we would go smoking gun somewhere else like detroit detroit. We have been too good and things should change. We didnt do anyth
We throw everything we could and couldnt impact the hiv and infection rates we had studies from harvard and columbia that showed the comparison between half a and the housing displacement. Its when we were able to do something about hiv and the data after package of my legislation showed that the infection rates went down for the first time. Back when we were talking about the condo Conversion Rates i plead with this body not to give away the rates so, now the evictions are up and the hiv is up. Also for me personally you know when i was on pearl street i was with a documentary film crew that is playing at the film festive one hundred people from my block were displaced so everything is now gone that i grew up with. Ive received relocation when i was evicted that money last day me from seven hundred a month to 11 hundred had a month i had to give up any housing its not just me bryan a quick question were you at 67 pearl. Yes. I was looking at the should not the anti displaying map you
It is not if you have to the perspective and will not low evictions its better to keep people in their homes. Personalities on speculators should defer evictions and those proposed eviction amaze are not likely to help. No amount of peenlt will stop the greed there has to be minimal compensation for people that are jeopardize by evictions. As citizens and communities were hurt were all hurt by the loss of mortality and compassion. Its the responsibility of leadership to act and act quickly to protect the right of housing and not the right to speculate. Please, please adapt the elimination and draft other legislation to help people stay in their homes and stop the speculation in the city. Weve youll suffered the loss of the vibrancy i apologize we have additional cards let me read those names calling names go ahead. Thank you, supervisor. I get 31 seconds . Okay oh, it started im dennis im a native san franciscan. I really appreciate this legislation and i appreciate this hearing. I liv
Impacting my students theyre not represented in the ellis act numbers they dont have the Political Capital to understand what they can do or fight it. It takes stress and will to fight it to look for housing and theyre in that situation to try to be able to do that. I see that happen in any classroom and taking days off and not completing their homework and my colleagues who no longer live in San Francisco. And i look at my paycheck and we wont be able to stay here. Im here im hoping we can take a look at this. Im here because im not sure i totally understand about the mom and pop situation it seems like my neighborhood whos been in the building urban green are splarlts they bought it for cash under 3 million and are going to sell it separately and been under two years. My neighborhood has lived there and they economy when a they were getting into. If i may i wanted to thank you for sharing. What is your 98 years Old Neighborhood planning to do were going to stay there until were faced