By sprinkling a massive number of out-of-towners (and their wallets) throughout a city, room-sharing sites have the ability to bring huge amounts of capital into new neighborhoods.
For CAA, joining Mr. Carter increases the company's ability to bring major celebrities and athletes into its fold, since there are few figures who have as much credibility with young athletes today than Jay-Z.
Recent adjudications have ignored the flexible statute enacted by Congress that was meant to accommodate the increased globalization of the economy, facilitate the ability of businesses to bring employees with needed skills into the United States and to operate competitively in the United States and across the globe.
Morris feels that in hindsight his company could never have had the success it has now achieved if he had not forged full speed ahead with the ability to bring fresh eyes and a new kind of energy into the mix.