Were in upstate new york. I work in under served capital regions of the United States we need desperately more capital to support the entrepreneurs and the innovative ideas that are coming out of places that are outside of new york city, Silicon Valley and boston and we really appreciate the opportunity or i really appreciate the opportunity to have my voice heard today to talk about those things and just want to encourage the administration, anything that you do for Venture Capital will pay off huge dividends because we are the net new job creators in this country and have been for more than three decades. All net new job growth created in the United States is because of investment by Venture Capital. Thank you great job youve done. Good morning, mr. President and mr. Vice president my name is George Matthew im ceo of cespery were an industrial drone manufacturer made in the United States i look forward to showing you how Industrial Work is more easily accomplished with use of a drone. Its changing the innovative aspect of construction, engineering and the industrial markets continue to evolve. Thank you good morning, mr. President and mr. Vice president members of your staff. Im stratton from verizon, and just very welltimed session here today we are at the dawn of an age of a technological revolution, as you said, that will change the world. With your focus on u. S. Job creation and u. S. Leadership in these industries we think this is a great time for Public Private partnership. How are you getting along with at t over here . We do okay. What do you think, randall . I dont know neutral quarters. Thank you very much thanks hello, mr. President. Mr. Vice president thank you for having us here today. My name is Nick Efstratis im with epic ventures, a Salt Lake City based Venture Capital firm were known for Companies Like ancestry. Com if youve got your dna tested, youve probably worked with ancestry. Com and a learning Management SystemSoftware Developer that make the canvass learning Management Software and these are companies that have come out of places like Salt Lake City we invest in under served startup ecosystems throughout the United States including places like albuquerque, boise, phoenix, portland. Thats what were here to represent. Thats great. Thank you. Thank you good morning. Im tim guneo, im the ceo of cadium we index everything connected to the public internet. Were doing what google does for web pages for the internet of things never a better time to start a company in america so thank you so much. Thank you. Glad to be here. Thank you very much mr. President , great to be here i think the subject of the industrial internet is a great topic. Its what brings Companies Like tims and big Companies Like ge together so great discussion. On a slightly different topic, we closed the locomotive deal in egypt last weekend thanks to you and your team. I think we helped i think we helped. Big export, 600 million of export from the u. S. As well. You had some competition from other countries. Germany. Germany, isnt that nice . We did a good job. Thats very good what was the number were talking about . 600 million. 600 million okay thats great thank you. Good morning, mr. President im a general partner in a venture firm were an early stage Venture Capital firm we look to play our role in helping drive jobs in the United States specifically through i. O. T. And new industrial technology. Thank you very much thank you. Good morning, mr. President , mr. Vice president im barry eggers, accounting partner with light speed venture cap nal partners we have invested in over thousands of entrepreneurs and created tens of thousands of entrepreneurs. Very large, right, wilbur very large he is very large thank you. Thank you for being here im steve case, entrepreneur start america online, started a few miles ago 32 years ago weve come a long way and a decade ago after that merger you referenced i moved on and started Venture CapitalFund Revolution a few blocks from here i actually spend most of our time on the road celebrating regions and trying to get more capital flowing to regions all the states you want, 30 states, we added them up, they only got 15 of Venture Capital. When people feel like they have been left out and left behind, they have been we need to get more investors in those places to make sure we level the Playing Field so everybody everywhere really does have a shot at the American Dream and feel part of the future thank you. Thank you steve really was early, i will tell you he was right at the beginning so congratulations. Yes . Mr. President , mr. Vice president , thank you very much for the invitation its an honor to be here in the white house. My name is ben marcus were an Aerospace Manufacturer for drones our objective is to help make drones part of the everyday life thank you hi. Im Jan Garfinkle from a Health Care Venture fund located in ann arbor, michigan, that i founded 14 years ago it was really founded on the premise that through innovation i believed we could lower the cost of health care and still provide great clinical care. So we are now on our fourth fund we have invested in over 40 companies. Half of them are in the midwest, primarily the upper midwest and the other half on the coast. Weve treated over 3. 5 million patients weve created more than 4,000 jobs in those states that were in and weve returned about 2 billion in end price value to our investors. So you must be on pins and needles waiting to see whats coming out just about now, right . I heard at 9 30 it released i dont know if thats true. I think shes going to leave this meeting knono, this is more important right now. Thank you very much good morning, mr. President. Mr. Vice president im nelson briggs. We are thrilled to be here today. Its well known 90 of most jobs are created once companies do go public its great to be here today. Thank you very much appreciate it. Im glen post ceo of century link. We are one of the largest Enterprise Networking companies in the nation. We are focused on improving lives of people and companies by connecting them really to the power of the Digital World in this nation and really globally. I want to express my appreciation your efforts to create an environment in which we can see thats favorable to economic growth, less regulation, taxes, your efforts are clearly seen and i appreciate that. Well, thank you very much we just had come out a poll on enthusiasm its the greatest enthusiasm in the history of this poll, which i think is 28 years old. Business enthusiasm interms of manufacturers and general business so i appreciate your saying that. And were doing well stock markets hit new records never like to talk about that too much because you dont know whats going to happen as you leave, but we have hit new records and created almost 4 trillion in value. Thats a lot since election day. Thats quite a statement lets keep it going that way but i appreciate it. Youve done a great job, by the way. Mr. President mike seivert from tmobile thank you for including us were on the precipice of 5g the position the government takes will tell us whether america continues to lead in technology the meeting comes at an important time thank you for the open mindedness to the Regulatory Environment that allows investment to flow at historic levels. Say hello to my very good friend. Absolutely. You know that thank you. Hello, mr. President. Mr. Vice president many of my fellow colleagues and friends around the table my name is michael chaseon. I am the president of precision hawk we are a Drone Company as well we provide advanced Drone Technology and sensors to many farmers in the agriculture space like those in iowa that you recently just visited as well as other companies, construction, insurance. Theres a number of Drone Companies sitting around the table. The one thing that i do want to raise is this is the one we need a little bit more regulation because the default is limiting what dreen technology can do and we need the faa and the other regulatory bodies have the power to operate. Its one of the few areas wed like to see more regulation to open up more opportunity. Okay. Prior to precision hawk i was the cofounder of blackboard, a large education company. Something im incredibly passionate about several investors in my previous ventures are also here around the table. I think youve assembled an Incredible Group of people i do believe that excitement today is more than its been in quite some time and i want to see that momentum continue congratulations on the great job youve been doing and lets continue to move things forward. Thank you very much appreciate it. Good morning, mr. President , mr. Vice president i am the ceo and cofounder of measure. We are one of the largest drone operators. Were looking to hiring pilots, vets we want to thank you for gathering drone experts so early in your administration and bringing together a great group of people to discuss how we make the regulations more flexible, make it easier for us to fly for Companies Like sprint, inspect their cell towers and remove the dangers of potentially climbing those towers thanks for allowing us to have a voice. Thank you mr. President , mr. Vice president , i represent soft bank and i also represent sprint. As you know, we have just created the Worlds LargestVenture Capital fund, 100 billion fund, and masa says to say hi. Great guy. We want to create 50,000 jobs in the u. S were leading a very iconic turn around sprint. We have good ideas how the government can help us exploit 5 g. Right after the election he came up to my office, i am going to invest i said, is that all cant you do more . He actually has done more, which is interesting hes great say hello to him. Thank you good morning, mr. President , Vice President my name is jaz benga. Im with air Space Systems out of San Francisco our mission is to protect those who cannot protect themselves. We very much approach yat being a part of this conversation. Thank you. Thank you im peter im chairman of nea, thats not the National Endowment for the arts or a large diversified venture firm based here in washington and in Silicon Valley where we invest across the u. S. And in other parts of the world like china, india, israel. I thought we were largest until the 100 billion came along but weve invested 20 billion in assets, 1 3 in health care, and 2 3 in the Technology Space and i really appreciate having this session today and i thought we had a very constructive discussion today about ways to affect policy to support emerging technologies. Good. Thank you very much. Hi, mr. President , mr. Vice president. I likewise thank you for putting this together. We had a very good conversation this morning about the timeliness of this particular meeting because were at a place where our industry has literally leap frogged the world in terms of mobility, broadband were leading the world. As a result Silicon Valley is leading the world on top of this as we move into a world of 5g were in a place where if we get this right we probably lead the world for another era of Global Broadband deployment the people around this table have invested more in the United States of america than any other industry since 2007. Getting this right just continues that kind of investment in fact, this industry invested through the financial crisis, the downturn to, invested into this cycle we came out of the back end leading that in mobile Broadband Technology were very appreciative of you putting this together. I have to say about randall, the job youve done at at t because its like two companies, you started, then it was made very different by government and now here you are again, a really top job. I want to congratulate you thats not easy to do. Most companies would have disappeared. You didnt disagree, did you no, sir. Congratulations thank you all very much. Mr. President , we do have a couple demonstrations for you. Would you like to stay and watch, peter that is the president of the United States surrounded by telecom and Venture Capital. Many faces familiar to all of you who watch this network with regulari regularity you saw Randall Stevenson with at t we expect to speak with mr. Chlore when they come out of the white house. Theyre going to see a drone demonstration. When mr. Chlore does come out of the white house, we will have an interview with him as well you heard the president talk about the stock market new records being hit. 4 trillion in value has been added to the market since the election he did at the top of the remarks comment on the Senate Health care bill which has gone public to repeal and replace oake the freeze calling oake a disaster its dead, he said he assailed democrats as obstructionists. Our eamon javers is outside the white house. Corporate fire power at the white house this week from technology, certainly tim cook, jeff bezos there the other day and then these folks around the table in the east room today. Reporter yeah, thats right, scott. What you didnt hear on that tape as we were playing it out, at the very top of the meeting he opened to some comments to jeff immelt. The president opened it with congratulations. Congratulations, jeff, on a fantastic career immelt responded in kind this is the president in his element. He likes being with the big name ceos he likes hearing about american innovation, development, economic growth. He likes hearing the Startup Companies talking about what theyre going to do taking this to the next level. The president having some give and take with the ceos steve casing, you did a hell of a job and you got a hell of a bang for your shareholders steve case saying, lets not go there, to the president. This is the president in a warm, open mode with the ceos looking for ideas, looking for ways to generate the job growth he promised on the campaign trail. Thank you, eamon. Lets jump to john harwood with some new numbers from an nbc news wall street journal poll about the president today josh scott, just as the senate is releasing and beginning to consider its new health care bill, we have new nbc wall street journal poll numbers on the popularity or lack of it of the congressional effort when we asked people, do you approve of do you think the house passed health care bill, which the senate bill resembles, is a good idea or bad idea, only 16 say its a good idea 48 bad idea 31 against it now while this effort is going on on capitol hill you see opinion rising about oake itself in 2017 opinions turned net positive in these numbers 41 say oaeau b ma care was a good idea. 38 heavily Republican Group of course wants the congress and the president continuing to try to repeal and replace obama care this is not going to come from republicans as they take on the senate and whatever negotiations go on with the house. John, the president assailed democrats as obstructionists our colleague at nbc news, chuck todd, reporting a short time ago that at least three gop senators were going to go public in their opposition of the plan what is that going to mean in terms of the big picture if they hold that, it means the bill will be dead. Mitch mcconnell can only lose two of his 52 members to get 50 votes for the bill and have mike pence break a tie and pass it. He wants to have a vote next week Mitch Mcconnell doesnt much care whether this passes or fails. Hes going to give it a shot and well see. If those three or four members hold their ground, this is not going to happen, but theres a long way to go in terms of the back and forth with trying to get individual votes, but the most important thing for mitch mblg co mcconnell, he wants this over soon to get on with tax reform. John, thanks so much. John harwood in our bureau got the guys here, joe, josh, jim, and john. You see health care today exploeting. Yeah. Across the entire space. Its been building over the last week or so. It overtook technology as the leading sector i think the executive order is a very positive thing when you think about biotech and the potential for m a. It looks as though onerous pricing systems wont be placed on the industry. Faster drug Approval Gilead is up 5 . Amazing enough i cant remember the last time we said that when you look at the four big biotechs, the amgens, cellgene and the capital will be repatriated back for m a, its great for the space. Its remarkable, jimmy, when you look at our wall and put it into the perspective of the stocks that are moving in tandem today, and not by insignificant percentage moves nuts. Thats exactly where im