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I don't know if you're kidding, but for a smallish company in growth mode, 130% annual growth is common. The trick to becoming a big company is to keep doing that when sales are in the billions, with at least a path to sustained profit.
The word "doubt" implies future outlook, so what are you doubting with Canadian tech when these companies are growing rapidly?
If you look at the report the Miami metro has 69k tech jobs in 2020 and the Atlanta metro has 143k. So Atlanta has about 74k more tech jobs than Miami. If you do the math and adjust for population that means someone in Atlanta is only 1.3% more likely to work in tech than someone in Miami. Considering Atlanta is supposed to be some kind of tech powerhouse that seems like not that big of a difference to me. Chicago and Philadelphia is the same story compared to Miami. We all know the multiple reasons why Miami ranks low in tech jobs. What's Atlanta's excuse?
Not to mention Houston has only 96k tech jobs with a population bigger than both of them. Is no one surprised by Houston's numbers? A 74k job difference is nothing when you're comparing metros with over 6,000,000 population. Plus from the report Miami's tech jobs are growing at a higher percentage than all these cities.
Quote:
Originally Posted by popka
The point is someone in the Atlanta metro is 1.3% more likely to work in tech than someone in the Miami metro. Do you really think that that's big of a difference? You guys do know the reasons why Miami has less tech jobs right? Plus Miami has to compete with two big cities Tampa and Orlando. Where's Atlanta's competition?
Compare Miami to San Francisco, it's like polar opposites. I'm sure you guys understand the strengths and weaknesses between the two areas. One area can't have all the goodies..
It mean Atlanta economy is more diverse than Miami. Tech isn't the only industry growing in metro Atlanta obliviously. And Atlanta isn't an establish tech powerhouse it's an up and coming tech city a little ahead of Miami. So your picking at the wrong city.
As far as neighboring competition Atlanta has more Than Miami in the first place Atlanta is right near Nashville, Charlotte, and Raleigh.
How do you not know of the others? Haha, not only are they growing rapidly, but they are established and have become unicorns or are on the brink. You just heard of two because you (like many others here) don't pay attention to Canadian tech companies and successes and easily write us off since we aren't American. Continue to doubt Canada all you want, but if you've been paying attention, you'd see how much growth has happened here in the past few years and it will continue at a breakneck speed.
Canadian tech companies are emerging but America is a powerhouse. I think the market caps of Apple, Microsoft, Amazon, and Google each are higher than the GDP of Canada.
As far as neighboring competition Atlanta has more Than Miami in the first place Atlanta is right near Nashville, Charlotte, and Raleigh.
What do you think the Miami area would look like if it was the only major metro in the state? It's ridiculous to say that cities in different states competing with each other is the same as cities in the same state competing with each other. Also the in state competition is even more pronouced in Florida since a lot of people have Florida as they're definite choice compared to say Tennessee or Georgia just because the Florida lifestyle is really a lifestyle you can only find in Florida.
Say someone wants to move to Florida and South Florida is they're only choice for a major metro area. Since a lot of people are dead set on moving to Florida and Florida only they either move to the Miami area or stay in Florida and move to another city in the state which creates huge competition between the cities as they all get closer in population etc..
If someone wanted to move to a large Georgia city and they didn't like Atlanta they would likely just move to one of the other 49 states and the competition with Atlanta would be greatly reduced, since there's no other major cities that are anywhere close to Atlanta's size because people just leave the state instead of finding another city to bulk up. I mean just Central Florida alone has almost the same amount of people as the entire state of Georgia.
Or are you saying Georgia and Tennessee don't have enough desirability and uniqueness that they don't even have many people wanting to pick the state as their only choice like Florida does?
The word "doubt" implies future outlook, so what are you doubting with Canadian tech when these companies are growing rapidly?
In that case, I don't "doubt" a dozen second-tier tech cities that have mid-sized companies with potential and a lot of current growth. They have a shot.
I have no opinion on Canadian tech companies' chances of becoming big and profitable. But it's unusual for a company to really get huge, and to stay huge.
Canadian wages are indeed low compared to their American counterparts BUT there numbers are in US$. That makes a huge difference as that explains 25% of the difference in the wages. "Technically" it means they get a lot less but in reality that's not the case as we buy in things in CDN$. If the US$ was to drop 25% it doesn't mean everyone's wage has.
Seattle has the same dynamic of young grads moving in then leaving when they hit 30. The population of 20-somethings is huge, though that's only within city limits and the rest of the metro isn't far off the national average.
You mean the metro as a whole? The Eastside has a ton of young techies.
What do you think the Miami area would look like if it was the only major metro in the state? It's ridiculous to say that cities in different states competing with each other is the same as cities in the same state competing with each other. Also the in state competition is even more pronouced in Florida since a lot of people have Florida as they're definite choice compared to say Tennessee or Georgia just because the Florida lifestyle is really a lifestyle you can only find in Florida.
Say someone wants to move to Florida and South Florida is they're only choice for a major metro area. Since a lot of people are dead set on moving to Florida and Florida only they either move to the Miami area or stay in Florida and move to another city in the state which creates huge competition between the cities as they all get closer in population etc..
If someone wanted to move to a large Georgia city and they didn't like Atlanta they would likely just move to one of the other 49 states and the competition with Atlanta would be greatly reduced, since there's no other major cities that are anywhere close to Atlanta's size because people just leave the state instead of finding another city to bulk up. I mean just Central Florida alone has almost the same amount of people as the entire state of Georgia.
Or are you saying Georgia and Tennessee don't have enough desirability and uniqueness that they don't even have many people wanting to pick the state as their only choice like Florida does?
Dude The distance From Miami to Orlando or Tampa is literally a similar distance Atlanta is from Nashville and Charlotte. Metro Atlanta is in northern half of Georgia which works like a corner in the piedmont region of the country. The Piedmont corridor itself is like a smaller version of Boswash region it's cluster of cities. So just as Philly is competing with NY, Boston and DC, Atlanta is competing with Charlotte, Raleigh, Birmingham and even Nashville is just right there a 3 to 4 hour dive away. So it's semantic of how state lines are drawn. It doesn't change up the proximity to other cities. Atlanta is surrounded by more cities than Miami is actually.
What do you think the Miami area would look like if it was the only major metro in the state? It's ridiculous to say that cities in different states competing with each other is the same as cities in the same state competing with each other. Also the in state competition is even more pronouced in Florida since a lot of people have Florida as they're definite choice compared to say Tennessee or Georgia just because the Florida lifestyle is really a lifestyle you can only find in Florida.
Say someone wants to move to Florida and South Florida is they're only choice for a major metro area. Since a lot of people are dead set on moving to Florida and Florida only they either move to the Miami area or stay in Florida and move to another city in the state which creates huge competition between the cities as they all get closer in population etc..
If someone wanted to move to a large Georgia city and they didn't like Atlanta they would likely just move to one of the other 49 states and the competition with Atlanta would be greatly reduced, since there's no other major cities that are anywhere close to Atlanta's size because people just leave the state instead of finding another city to bulk up. I mean just Central Florida alone has almost the same amount of people as the entire state of Georgia.
Or are you saying Georgia and Tennessee don't have enough desirability and uniqueness that they don't even have many people wanting to pick the state as their only choice like Florida does?
The vast majority of people are driven to relocate by jobs, career advancement, cost of living and tax burden. The luxury to choose a destination based primarily on lifestyle preferences is generally reserved for those well established in their careers, the wealthy and retirees.
Atlanta is usually not in competition with Miami for attracting jobs. Atlanta’s main competitors are DFW (by far), Charlotte, Raleigh, Nashville and Northern Virginia.
I mean, Miami is quite possibly the lifestyle capital of U.S. cities. Tech companies and workers looking to relocate there likely aren’t seriously considering Dallas, Atlanta, Chicago or other cities in Florida. They are considering Miami for a niche reason. Whether it be to take advantage of it’s strong international ties, affluent populous and/or beach lifestyle.
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