The COVID-19 pandemic could wind up boosting South Florida’s standing as a national hub of technology businesses, dependent on a workforce that some executives describe as more skilled than most people think.
You could call it the tweet heard around the world.
In early December, Delian Asparouhov, a principal at venture-capital firm Founders Fund, threw out a proposal moving Silicon Valley to Miami. Francis Suarez, a real estate attorney who stepped into the mayor’s chair in 2017, quote-tweeted the investor. He asked, “How can I help?”
Suarez’s response went viral with more than 2 million impressions and thousands of likes. The mayor later likened it to “catching lightning in a bottle.” He was suddenly in conversation with major venture capitalists and tech executives from around the country, grateful for a friendly ear in what has become a political climate openly hostile to Big Tech. Keith Rabois, a member of the “PayPal Mafia” and an early investor in Opendoor, SoftBank Group CEO Marcelo Claure and Shutterstock founder Jon Oringer are among those palling up with the 43-year-old mayor on Twitter. Rabois has become the city’s most prominent evangelist among the tech c
You could call it the tweet heard around the world.
In early December, Delian Asparouhov, a principal at venture-capital firm Founders Fund, threw out a proposal moving Silicon Valley to Miami. Francis Suarez, a real estate attorney who stepped into the mayor’s chair in 2017, quote-tweeted the investor. He asked, “How can I help?”
Suarez’s response went viral with more than 2 million impressions and thousands of likes. The mayor later likened it to “catching lightning in a bottle.” He was suddenly in conversation with major venture capitalists and tech executives from around the country, grateful for a friendly ear in what has become a political climate openly hostile to Big Tech. Keith Rabois, a member of the “PayPal Mafia” and an early investor in Opendoor, SoftBank Group CEO Marcelo Claure and Shutterstock founder Jon Oringer are among those palling up with the 43-year-old mayor on Twitter. Rabois has become the city’s most prominent evangelist among the tech c
With JPMorgan And Goldman Sachs, Miami Could Become Wall Street South
Elon Musk just moved to Texas, but guess who s (reportedly) moving to South Florida? Jared Kushner, Ivanka Trump, Tom Brady, Gisele Bundchen and the asset management division of Goldman Sachs. Those are the boldface names announced in news reports last week alone.
Today, the New York Post reported that JPMorgan Chase CEO Jamie Dimon is open to moving his bank to Florida, too, a move he formerly resisted because he said the schools weren t good enough.
Miami has been dubbed Wall Street South since at least 1990.
In the past year or three, the migration of high-profile business to Miami, and to Florida more broadly, has gained steam. There s no income tax and the politics are perceived as business-friendly. But the state struggles to fund education, environmental protections and mass transit. There s also climate change, sea-level rise and saltwater intrusion to con
Rumors swirled this past week around the idea that New York City’s Goldman Sachs was eyeing South Florida as a potential new home for its asset management division.
Now, downtown West Palm Beach is looking like a real possibility to eke out Miami, Fort Lauderdale and Texas, according to Brian Gale, vice chairman of Cushman and Wakefield and a leasing agent at Phillips Point, a 451,858-square-foot Class A office building located at 777 S. Flagler Drive.
“We’ve heard there might be a requirement for about 35,000 square feet total,” he said.
Not exactly a solid commitment, but telling in the fact that Goldman Sachs already leases about 5,600 square feet on the 12th floor of the east tower of the Phillips Point office building.