Miami area and the future.

I’m deep in the tech scene and the transformation from outlier to tech hub here in just the last 3 years has been nuts. That’s fueling a lot of change around here. My main concern though is that we’re not building new housing nearly fast enough, need to hit Tokyo level construction to stop rent from continuing to skyrocket. After that it’s transportation.

I’m assuming this is the article: https://www.wsj.com/articles/miamis...pto-suarez-rents-development-boom-11657317076
Your (our) biggest concern should be sustainability via sufficient talent. Can’t pretend we can ‘import talent’ forever. More VC and big money shops opening offices, but not enough legitimate product people. Culture is often a long, long game. I still think there is more hype than substance. FWIW, been deeply involved in the tech startup scene for over a decade. And, worked directly with government on many of the initiatives now popping. Some better indicators now for sure, but still not solid enough. We shall see.
 
Advertisement
Your (our) biggest concern should be sustainability via sufficient talent. Can’t pretend we can ‘import talent’ forever. More VC and big money shops opening offices, but not enough legitimate product people. Culture is often a long, long game. I still think there is more hype than substance. FWIW, been deeply involved in the tech startup scene for over a decade. And, worked directly with government on many of the initiatives now popping. Some better indicators now for sure, but still not solid enough. We shall see.
covid helped with the influx of talent when remote work is the only thing. now with a lot of big tech companies deciding to go hybrid, remote but with salary reductions based on residence, or back in office, its gonna be an interesting challenge. we also dont have a homegrown elite tech school like ATL does with Tech, LA area with CIT, etc.
 
Miami is now a world class city and not just a party place where NY folks and others came to blow off steam. SALT and COVID have forced relocations to miami and palm beaches. Many hedge funds (citadel) private equity firms (blackstone), have opted to relocate to south Florida bringing TONS of money with them and All that comes with it (Restaurants, art, etc). We are quickly becoming the SF of the east coast and anyone who owns a home can quickly see the benefits of this incoming wealth. Schools will be better, and More to come. We get the big dogs to like the U and join Ruiz and we ****** ****** ****** for ages.
 
Miami is now a world class city and not just a party place where NY folks and others came to blow off steam. SALT and COVID have forced relocations to miami and palm beaches. Many hedge funds (citadel) private equity firms (blackstone), have opted to relocate to south Florida bringing TONS of money with them and All that comes with it (Restaurants, art, etc). We are quickly becoming the SF of the east coast and anyone who owns a home can quickly see the benefits of this incoming wealth. Schools will be better, and More to come. We get the big dogs to like the U and join Ruiz and we ****** ****** ****** for ages.
you dont want to be the SF of the east coast imo.
 
Do you really think we can intelligently discuss the future of Miami without dealing with climate change?
 
Your (our) biggest concern should be sustainability via sufficient talent. Can’t pretend we can ‘import talent’ forever. More VC and big money shops opening offices, but not enough legitimate product people. Culture is often a long, long game. I still think there is more hype than substance. FWIW, been deeply involved in the tech startup scene for over a decade. And, worked directly with government on many of the initiatives now popping. Some better indicators now for sure, but still not solid enough. We shall see.

I think importing can go a long way for specialized product dev, and in fact that’s the only way to bootstrap. Senior guys don’t just materialize in a city overnight.

But yes local training and education needs to keep growing. It doesn’t help UM CS department is pedestrian and FIU sucks. Boot camps have been filling the void somewhat, but agree more is needed.
 
I think importing can go a long way for specialized product dev, and in fact that’s the only way to bootstrap. Senior guys don’t just materialize in a city overnight.

But yes local training and education needs to keep growing. It doesn’t help UM CS department is pedestrian and FIU sucks. Boot camps have been filling the void somewhat, but agree more is needed.
I was prob one of the first 100 to go through a full stack bootcamp as I transitioned away from my previous career. It’s a nice jolt, but I just don’t think it’s enough. Again, I’m not talking solely about CS talent. The culture needs to celebrate kids who create and experiment. My current team is remote and fully distributed because we’re, in my estimation, years away from true homegrown ideation and execution at a reasonable scale. In the meantime, I’m happy some of that has just imported in. I’m just worried it’s too top heavy. Believe me, I want to see this all come true. I’ve bet my career on it. Ha.
 
Advertisement
I was prob one of the first 100 to go through a full stack bootcamp as I transitioned away from my previous career. It’s a nice jolt, but I just don’t think it’s enough. Again, I’m not talking solely about CS talent. The culture needs to celebrate kids who create and experiment. My current team is remote and fully distributed because we’re, in my estimation, years away from true homegrown ideation and execution at a reasonable scale. In the meantime, I’m happy some of that has just imported in. I’m just worried it’s too top heavy. Believe me, I want to see this all come true. I’ve bet my career on it. Ha.
Sounds like we’re very similar with the bootcamp experience and currently working on an all remote team. I even tried to hire expressly local earlier this year when we expanded and it was very difficult to find the kind of skillset here that we needed. So yeah, a ways to go.
 
I was prob one of the first 100 to go through a full stack bootcamp as I transitioned away from my previous career. It’s a nice jolt, but I just don’t think it’s enough. Again, I’m not talking solely about CS talent. The culture needs to celebrate kids who create and experiment. My current team is remote and fully distributed because we’re, in my estimation, years away from true homegrown ideation and execution at a reasonable scale. In the meantime, I’m happy some of that has just imported in. I’m just worried it’s too top heavy. Believe me, I want to see this all come true. I’ve bet my career on it. Ha.
i see some of this action from the legal side but generally not from the operational side. i agree some of it is top heavy and there are many local challenges such as (a) poor worker talent base, (b) lack of a vibrant, strong research university and (c) too many plastic and materialistic people, but i suppose some of this is part of the growing pains of this and other sectors and miami in general. the ability to work remotely will be a challenge to building a native competent workforce.

regardless, miami is booming and we are all going to be the better for it. we have been undergoing the manhattanization of miami and it will continue for decades.
 
Back
Top