The next great American tech hub isn’t a city. It’s a corridor between New York and Miami
A new tech corridor is emerging between New York and South Florida, challenging traditional notions of geographic hubs. This corridor is seen as the next great environment for building innovative companies, leveraging the strengths of both regions. With New York's capital and industry connections and South Florida's growing tech job market, the future of tech entrepreneurship may lie in this integrated system.
- ▪New York City is home to over 50 unicorns and raised over $16 billion in venture capital in 2024.
- ▪The emerging corridor between New York and South Florida is seen as the next generation of tech ecosystems.
- ▪AI is changing the necessity of physical proximity for tech companies, allowing collaboration across distances.
Opening excerpt (first ~120 words) tap to expand
Twenty years ago, betting on New York as a serious technology hub felt contrarian to the point of naivety. Silicon Valley had the engineers, the venture capital, the density of ambition, and most importantly, the shared belief that this was where the future was being built. New York had finance, fashion, and media. The conventional wisdom was that you couldn’t build the next great technology company from a city that didn’t think of itself as a technology city.Recommended Video We met the way builders in New York tend to find each other: less by design and more because we were both doing interesting things in the same small room. This was a moment when people were openly debating whether Silicon Alley was dead. We built anyway.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.