Silicon Valley Summit

President talks innovation, private sector growth with Jobs, Zuckerberg, Schmidt and other business leaders Thursday in Woodside.

Readout of the President’s Dinner with Technology Business Leaders

From Press Secretary Jay Carney

"This evening, the President joined twelve leaders from technology companies to discuss ways to work together to invest in American innovation and promote private sector job growth. In the President’s State of the Union Address, he called on us to win the future by out-innovating and out-educating the rest of the world and increasing American competitiveness. The President believes that American companies like these have been leading by investing in the creativity and ingenuity of the American people, creating cutting-edge new technologies and promoting new ways to communicate. The President specifically discussed his proposals to invest in research and development and expand incentives for companies to grow and hire, along with his goal of doubling exports over five years to support millions of American jobs. The group also discussed the importance of new investments in education and the new White House initiative Startup America, a partnership with the private sector aimed at supporting new startups and small businesses. The President expressed his desire to continue a dialogue with the group to share new ideas so we can work as partners to promote growth and create good jobs in the United States."

Full list of attendees:

•John Doerr, Partner, Kleiner Perkins Caufield & Byers
•Carol Bartz, President and CEO, Yahoo
•John Chambers, CEO and Chairman, Cisco Systems
•Dick Costolo, CEO, Twitter
•Larry Ellison, Co-Founder and CEO, Oracle
•Reed Hastings, CEO, Netflix
•John Hennessy, President, Stanford University
•Steve Jobs, Chairman and CEO, Apple
•Art Levinson, Chairman and former CEO, Genentech
•Eric Schmidt, Chairman and CEO, Google
•Steve Westly, Managing Partner and Founder, The Westly Group
•Mark Zuckerberg, President, and CEO, Facebook