2-2021: Tech Diaspora Acceleration

balajis.com@balajis

The acceleration of remote has changed the world in more ways than people realize. Politicians must deliver results, or else an instant vote of no confidence is called as people emigrate out. More like a parliamentary system, except you choose between cities rather than parties.

Keith Rabois@rabois

Professional goals for 2021z

M.G. Siegler@mgsiegler

“By one estimate, each new tech job creates five additional jobs in other industries, a multiplier effect about three times larger than that for manufacturing.”

Nick Huber@sweatystartup

Miami isn’t the next tech hub. It’s surrounded by a swamp. Construction costs are insane because of hurricane codes. Vacant land doesn’t exist. Property insurance has risen on average 20% per year for 5 years. Plus it’s hot AF. Ever been there in July?

Daniel Gross@danielgross

California, Miami, etc:

dcgross.com

California’s Future

Justin Kan@justinkan

Start remote. SFBA is over for startups: the cost of housing and rent gives you much worse operating leverage. Many talented people choose jobs they want to be flexible re: location. Remote is better at this time in the market. I wrote that before COVID, now it's extra true.

Arian Campo-Flores@acampoflores

Miami is luring finance and tech firms with low taxes, high quality of life and a growing talent pool

wsj.com

Low Taxes and High Temperatures Lure Finance Firms to Miami

Miami-Dade Beacon Council@beaconcouncil

"[B]eing in another environment, I can find opportunities that other Silicon Valley VCs would miss because of the intellectual blinders in the Bay Area." @rabois @tomiogeron #MiamiMeansBusiness

protocol.com

Welcome to Miami

The Information@theinformation

Suarez is joined by a small but vocal group of Silicon Valley expatriates extolling Miami’s virtues

theinformation.com

Can Mayor Francis Suarez Bring Silicon Valley to Miami?

Matt Levine@Matt_Levine_1

In this week's edition of 'The Digital Diaspora', I provided quick reactions to @NFX's 2021 VC & Founder Predictions Survey The original survey had some fascinating results. I analyzed what it means for emerging tech hubs outside Silicon Valley (1/n)

digitaldiaspora.substack.com

The Digital Diaspora 3rd Edition: Quick Takes From NFX’s 2021 VC & Founder Predictions Survey

balajis.com@balajis

The acceleration of remote has changed the world in more ways than people realize. Politicians must deliver results, or else an instant vote of no confidence is called as people emigrate out. More like a parliamentary system, except you choose between cities rather than parties.

balajis.com@balajis

Remote means all mayors are now in competition with each other, whether they realize it or not. And Mayor Suarez is running away with the game. Like being the first politician to get the internet, he’s the first one to understand the remote economy.

Sriram Krishnan @sriramk

First time hearing @FrancisSuarez speak live and just so impressed. So focused on just making the case for his city in as simple and positive terms as possible.

balajis.com@balajis

> They have to tell a big story about it. Indeed. Technology is going to be telling the stories this decade. We outsourced that to hostile media corporations for the last decade. 😉

Joe Weisenthal @TheStalwart

This, but for Software Americans moving to Miami. It’s not enough to just move to Florida, like normal people have been doing for over a century. They have to tell a big story about it. The material change in conditions is secondary to winning some ideological battle. https://t.co/aXqfM18bFx

James Andrews@keyinfluencer

What @FrancisSuarez is doing by being “in the culture” is an updated version of what @KasimReed was doing as Mayor of Atlanta. His ear was on the street and with the culture makers and founders when I was in Atlanta. It created a swell of new residents in much the same way

Mark Suster@msuster

Every person with experience in SF & moving to Austin, Miami, Portland, Seattle or even Toronto, Dubai is a net positive for all. Spread knowledge. Spread the wealth. Broaden ecosystems. Concentration makes no sense. You may not like the delivery but root for the goal! ✌🏼 ❤️ 💪🏼

Mayor Francis Suarez@FrancisSuarez

Count me in! No brainer...we would love to be the prototype city.

Elon Musk @elonmusk

@FrancisSuarez @CityofMiami Cars & trucks stuck in traffic generate megatons of toxic gases & particulate, but @boringcompany road tunnels under Miami would solve traffic & be an example to the world. Spoke with @RonDeSantisFL about tunnels last week. If Governor & Mayor want this done, we will do it.

will.vc@boujeehacker

So we got 9ish months to lock in new gains for remote work. Good to have a shot clock

zerohedge @zerohedge

Google Delays Office Return to Next September: CNBC

Cllr. Cillian Murphy@Tri2bResponsibl

@chris_herd I’d be interested in understanding whether hybrid means home and work place, home and hub, or hub and work office ... all have very different implications for where people can choose to live🤔

Mayor Francis Suarez@FrancisSuarez

"My point is, there is plenty of room to grow.”

Garry Tan@garrytan

Distributed/remote is the #1 choice for Initialized founders if they were starting from a blank slate. This is a huge shift from majority SF this time last year.

Kim-Mai Cutler @kimmaicutler

Post-pandemic, the Bay Area will still be the leading physical hub for the industry. But it will be second to the cloud. You can see 2020 vs. 2021 numbers here: https://t.co/CaZr98VzCC https://t.co/DOPggNkSoJ

Job@Jobvo

You know that you can work remotely. Don’t worry about employers demanding going back to the office. The secret is out.

balajis.com@balajis

The next Silicon Valley is the cloud.

Ryan Hoover @rrhoover

A tale of two bar charts https://t.co/0W6kb9SXdL by @kimmaicutler https://t.co/pL0nIcyCUh

Chris Herd@chris_herd

🕰 2010s: work became increasingly synchronous while personal relationships went asynchronous 🚀 2020s: work becomes increasingly asynchronous while personally relationships go synchronous This will be where and how the roaring 20’s happen ❤️

NBC News@NBCNews

Tech flight: Why Silicon Valley is heading to Miami and Austin, Texas.

nbcnews.to

What tech companies want: Miami bets on lower-cost workers and fewer regulations

Chamath Palihapitiya@chamath

I spent time with @FrancisSuarez this week. I have to admit it, the hype is real. It’s amazing to see the outcome when you focus on competent governance and common sense leadership.

📆 Week in Clubhouse 👋@weekinclubhouse

.@zoink: Before Covid, we had a very strong in-person culture. We then started writing an internal doc about remote work guidelines, which eventually led to our blog post about the future of work at Figma

figma.com

How work is changing at Figma

Marti Sanchez@Marti__sanchez

He’s used this organic reach to drive HUGE PR: FOX, NBC, Yahoo Tech, Bloomberg, Politico, and a ton of outlets. But the key here is self-sufficiency: Twitter community 1st -> then PR instead of the traditional approach where PR -> hopefully creates community

Romeen Sheth@RomeenSheth

0 / I love what Miami’s doing. TBH though I’m WAY more bullish on Atlanta. In the last 6 months, we've had 5 ATL 🦄 (@OneTrust, @Calendly, @SalesLoft, @GreenlightCard, @KabbageInc) This ecosystem going to explode. Time for a thread on what is driving all this activity 👇👇

Romeen Sheth @RomeenSheth

Atlanta tech is RIPPING right now 🔥🔥🔥 In the last 6 months.... @Calendly valued at $3B @OneTrust valued at $5.1B @GreenlightCard valued at $1.2B @SalesLoft valued at $1.1B @KabbageInc (sold to @AmericanExpress) at $800M The '20s are about to be one hell of a decade for ATL.

balajis.com@balajis

The long overdue decentralization of technology. Away from a few expensive cities, towards the rest of the country and the people of the world. No need to “commit to the Bay”, it’s rich enough. Commit to the world.

Ryan Hoover @rrhoover

A tale of two bar charts https://t.co/0W6kb9SXdL by @kimmaicutler https://t.co/pL0nIcyCUh

Nancy Dahlberg@ndahlberg

Forget About San Francisco And Silicon Valley—Miami Is Planning On Becoming The Next Great Tech Hub - via @Forbes

forbes.com

Forget About San Francisco And Silicon Valley—Miami Is Planning On Becoming The Next Great Tech Hub

Noah Smith 🐇@Noahpinion

1/Lots of tech companies and workers are making noises about leaving San Francisco, LA, NYC, and other "superstar" cities. Some are predicting a shift to remote work and distributed companies. Let's take a hard look at what that would actually require.

noahpinion.substack.com

Can knowledge industries escape superstar cities?

Garry Tan@garrytan

“Everyone is a lot more comfortable with hiring remote now, and it’s very hard to put the genie back in the bottle there,” said @kimmaicutler, a partner at Initialized.

sfchronicle.com

S.F. tech companies reducing presence in the city: New surveys support trend

Keith Rabois@rabois

Florida is the future:

washingtonexaminer.com

The future is Florida

Paul Graham@paulg

I like it that states can compete to be the best governed. Competition may be exactly what the SF city and CA state governments need right now. Except I worry they may be too complacent even to notice that they have competition.

Keith Rabois @rabois

Florida is the future: https://t.co/RwNjpvAWtx