Keith Rabois on Miami and Company-Building in 2021

Venture Stories

Podcast Notes Key Takeaways The biggest question for Keith when considering Miami was “Can we build a technology hub?”People who moved to Miami have reported being happierLooking at the history of startup ecosystems you can reverse-engineer some of their common ingredientsYou need a mix of different skills (investors, designers, coders, and VCs)It is usually a bottom-up dynamic, so you can’t control it from the topYou can try putting the ingredients together and see what happensOnce you get initial momentum, you need to leverage network effects to maintain it or amplify itKeith prefers to build his teams in the same location, especially in the early daysEspecially for young people, the workplace provides the opportunity to socialize, which they wouldn’t get remotelySharing the physical space opens to the opportunity of learning by osmosis, which would be hard to do remotelyJust as startups emulate other successful companies, if Miami’s mayor does well, we’ll see more mayors doing the same thing

Read the full notes @ podcastnotes.org



Keith Rabois (@rabois), partner at Founders Fund, joins Erik on this episode to discuss:

- Why he decided to move to Miami and why it’s made him 30-40% happier.

- The benefits of clustering when you’re at the earliest stages of building a company, and why remote works better for a later-stage company.

- Why he suggests you don’t visit a place you’re considering moving to for just a weekend and instead you go for a full Monday to Friday cycle.

- What he’s learned from people organizing digitally to make change in the physical world.

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