A Quote by Michelle Wu

Aligning private development with community needs for equity and resiliency is one of the most powerful roles of city government. — © Michelle Wu
Aligning private development with community needs for equity and resiliency is one of the most powerful roles of city government.
We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies.
Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
We've got to move beyond the idea that the public and private sectors are at odds. Government has to lay the groundwork for private equity to productively invest in things like education. It's a partnership, not a battle.
Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overhead.
We need to give the private sector many more powerful incentives to do research and development, to bring ideas and new discoveries to market in Canada, and commercialize them here, and stay here through successive stages of growth. But they can only do it with better government policies that give them more powerful incentive.
It's important that we educate Americans about how hedge funds and private equity play completely different roles.
The government needs a role in carrying out exploration. They will be leading the development of the engines that are needed, and the private sector will take advantage of those.
Our Government understands that local, community organizations are essential in addressing social issues like economic development, poverty, education and integration in Canadian communities. The Community and College Social Innovation Fund will connect the innovative talent of researchers and students at colleges and polytechnics to meet the research needs of local community organizations to build stronger, safer, healthier communities.
I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.
The private equity world is a relatively small one. There are currently probably a few thousand professional jobs worldwide. In private equity, that's probably about all there is. So in the scheme of things, the firms are all relatively small.
We want a good government that works. Let us rise above caste divisions and nepotism and pledge to elect a government that is development oriented. Delhi needs a stable government and a strong government
When I was a CEO, I thought I understood private equity. I didn't. And what I've learned since my retirement, and since becoming directly involved in the world of private equity, points the way to a new career path for thousands of talented senior executives - and a new engine for value creation.
And that's why the president has asked the entire government to step up, on his part. I mean, there's - there are things that the private sector needs to do; there are things that the government needs to do.
We have to get to a place in the city where our young officers understand that respectful, constitutional engagement with the community is their most powerful tool.
A smaller government reflecting the needs of the middle class and poor is superior to a big government reflecting the needs of the privileged and powerful.
It's very important that the government is close to the business community and that we understand their concerns. But at some point, the government needs to be a government.
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