The Future of Cities: What We Can Learn from San Francisco

In this episode, Brown Advisory’s Meredith Shuey Etherington, a San Francisco-based portfolio manager, speaks with Fred Blackwell, CEO of the San Francisco Foundation, and Craig Young, Managing Principal of Tidewater Capital, to examine whether the Bay Area and San Francisco can retain and even enhance their identity as the home of the innovation economy.  San Francisco has been a paradox for decades—at once a stunningly beautiful city at the epicenter of high-tech innovation, and a fragile community grappling with various social crises, the highest cost of living in the U.S. and a vast wealth gap. The pandemic intensified many of the city’s problems, and recent headlines have revealed a string of companies moving their headquarters from the Bay Area to Austin, Miami and elsewhere. Our conversation looks at the challenges and opportunities that will shape San Francisco’s future. Later in the podcast, Brown Advisory’s JJ Baylin and Amy Hauter join Meredith to discuss how we are investing in the future of cities for our clients. Guests:Fred BlackwellCEO, San Francisco FoundationCraig YoungManaging Principal, Tidewater Capital Host:Meredith Shuey EtheringtonPortfolio Manager, Brown AdvisoryInvestment Commentary:JJ BaylinPrivate Equity Analyst, Brown AdvisoryAmy Hauter, CFAPortfolio Manager; Head of Sustainable Fixed Income, Brown AdvisoryBackground Reading Curb-cut effect, Angela Glover Blackwell, Stanford Innovation Review   Is Silicon Valley Dead? Not According to Venture Dollars, Wired, April 14, 2021  New California State Credit Will Fund Homes For Mentally Ill People, The Bond Buyer, November 14, 2019   Solving the Housing Crisis Is Key to Inclusive Prosperity in the Bay Area, PolicyLink; USC Program for Environmental and Regional Equity; The San Francisco Foundation     Thank you for joining us on our podcast journey. To stay in touch about future podcasts, please sign up here. Visit our website to learn more: www.brownadvisory.com/now. We want to hear from you! Send a note to NOW@brownadvisory.com to get in touch. The views and opinions expressed in this podcast are those of the speaker(s) and do not necessarily reflect those of Brown Advisory. These views are not intended to be and should not be relied upon as investment advice and are not intended to be a forecast of future events or a guarantee of future results. The information provided in this podcast is not intended to be and should not be considered a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. There is a risk that some or all of the capital invested in any such securities may be lost. This piece is intended solely for our clients and prospective clients, is for informational purposes only, and is not individually tailored for or directed to any particular client or prospective client.

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