How Miami Seduced Silicon Valley
New York magazine|September 27 - October 10, 2021
Awash in coders, crypto, and capital, the city is loving— and beginning to shape—its newest industry.
By Benjamin Wallace
How Miami Seduced Silicon Valley

Silicon Valley’s favorite politician, Miami mayor Francis Suarez, has many lures to dangle when he’s wooing techies to relocate to his city. There’s the old sugar: low taxes and the Florida sun. As I sat across from him in his office at city hall on a recent afternoon, Suarez was telling a Zoom grid of fellow mayors that the view behind him—a vista of swaying palms, rocking boats, and gleaming water—was “not a virtual background.” The traditional charms have only been amplified in the covid era: If you can work from anywhere, why not go where you can afford a better house for less, where you can be outside 365 days a year, where your favorite restaurants are opening outposts, where you don’t feel judged for your hustle? ¶ It took a tweet, though, to ignite what Suarez calls “the Miami movement.” On December 4, Delian Asparouhov, a venture capitalist in San Francisco, posted, “ok guys hear me out, what if we move silicon valley to Miami,” and Suarez, lying in bed at home in Coconut Grove, replied, “How can I help?” Those four words got more than 2.7 million impressions. Ever since, Suarez has been on a mission to rebrand Miami—long a place to spend money, rather than earn it—as a haven for founders who feel underappreciated in more calcified urban climes. He bought (with money from a venture capitalist) billboards in San Francisco featuring his Twitter handle and an invitation to “DM me.” As he put it, “I saw the tsunami coming, got out my surfboard, and started paddling.”

This story is from the September 27 - October 10, 2021 edition of New York magazine.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the September 27 - October 10, 2021 edition of New York magazine.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM NEW YORK MAGAZINEView All
Good One: Ramy Youssef
New York magazine

Good One: Ramy Youssef

The comedian on the first Israel-Palestine joke he wrote after 10/7.

time-read
4 mins  |
March 25 - April 07, 2024
Not Your Average Heartthrob
New York magazine

Not Your Average Heartthrob

Nicholas Galitzine can play himbo, Prince Charming, and Gen-Z queer iconsometimes all at once. Now, he's coming

time-read
8 mins  |
March 25 - April 07, 2024
Northern Mexico, Just Below Canal
New York magazine

Northern Mexico, Just Below Canal

Corima has potential-and excellent tortillas

time-read
3 mins  |
March 25 - April 07, 2024
A Tree House for Two Architects
New York magazine

A Tree House for Two Architects

Phu Hoang and Rachely Rotem built the indoor-outdoor \"Mini Tower One\" extension of their Carroll Gardens home.

time-read
1 min  |
March 25 - April 07, 2024
THE ERIC ADAMS SMASH - AND - GRAB
New York magazine

THE ERIC ADAMS SMASH - AND - GRAB

It's a brazenly transactional era of government here in New York City.| FRANK CARONE is its master practitioner.

time-read
10+ mins  |
March 25 - April 07, 2024
JEFF ZUCKER'S FLEET STREET MISADVENTURE
New York magazine

JEFF ZUCKER'S FLEET STREET MISADVENTURE

The former CNN and NBC boss wants a new media empire. Is that even possible in 2024?

time-read
10+ mins  |
March 25 - April 07, 2024
MECHANISMS of CONTROL
New York magazine

MECHANISMS of CONTROL

Andrew Huberman has attracted millions of acolytes by preaching self-discipline and healthy lifestyle habits. But those closest to him suggest there is a darker side to his appeal.

time-read
10+ mins  |
March 25 - April 07, 2024
Streetscape: Mark Jacobson
New York magazine

Streetscape: Mark Jacobson

Charging Ahead Baruch Herzfeld wants to end the rash of e-bike battery fires.

time-read
5 mins  |
March 25 - April 07, 2024
461 MINUTES WITH...Hanif Abdurraqib
New York magazine

461 MINUTES WITH...Hanif Abdurraqib

The MacArthur-grant winner's unclassifiable new book is as idiosyncratic as the author himself.

time-read
6 mins  |
March 25 - April 07, 2024
Neighborhood News: The 'SNL' Guys' Ferry Isn't Adrift
New York magazine

Neighborhood News: The 'SNL' Guys' Ferry Isn't Adrift

Colin Jost and Pete Davidson's architect has a real plan.

time-read
2 mins  |
March 25 - April 07, 2024