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Old 04-12-2023, 06:11 PM
 
Location: Montreal/Miami/Toronto
3,198 posts, read 2,659,481 times
Reputation: 3016

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I'll share something positive here,

Remarkable growth, a lot of VC for Miami was crypto based, so growth numbers like this will never happen again. But hey, 278% growth between 2020-2022/414 deals is insanely remarkable.

https://www.washingtonpost.com/techn...bay-area-tech/

Job growth did not translate with the increased VC sadly, but it is still new capital flowing into the city. I also know with these numbers, some startups had multiple HQ's (ex, NYC, Miami, London) at once, but their raises were counted towards Miami's numbers and not all or other cities only.

Regardless, enjoy it!
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Old 04-12-2023, 06:37 PM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,409 posts, read 6,553,115 times
Reputation: 6685
And still ranked 7th overall in the US in 2022 (ahead of Austin, D.C./NOVA, and Biotech Philly and San Diego), even when Crypto started crapping the bed. Pretty impressive.

Quote:
Originally Posted by CXT2000 View Post
I'll share something positive here,

Remarkable growth, a lot of VC for Miami was crypto based, so growth numbers like this will never happen again. But hey, 278% growth between 2020-2022/414 deals is insanely remarkable.

https://www.washingtonpost.com/techn...bay-area-tech/

Job growth did not translate with the increased VC sadly, but it is still new capital flowing into the city. I also know with these numbers, some startups had multiple HQ's (ex, NYC, Miami, London) at once, but their raises were counted towards Miami's numbers and not all or other cities only.

Regardless, enjoy it!
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Old 04-13-2023, 10:29 AM
 
1,947 posts, read 3,323,682 times
Reputation: 1194
Quote:
Originally Posted by elchevere View Post
And still ranked 7th overall in the US in 2022 (ahead of Austin, D.C./NOVA, and Biotech Philly and San Diego), even when Crypto started crapping the bed. Pretty impressive.
Also, Miami is still a young city. I think the growth over the next five years is going to be crazy. It's also going to put a strain on the city's infrastructure. Part of the price when seeking growth. Happy to be here though contributing and being a part of what's going on in Miami. Over a year and half into the relocation and I still pinch myself in the morning that this is my home.
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Old 04-13-2023, 11:39 AM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,409 posts, read 6,553,115 times
Reputation: 6685
Might be interesting if someone could find stats showing the number of finance jobs created in SoFla from 2020-2022.
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Old 04-13-2023, 12:16 PM
 
184 posts, read 316,229 times
Reputation: 229
Quote:
Originally Posted by Craziaskowboi View Post
I wanted to take a look at the rate of job growth in each major MSA from the COVID lockdown-induced employment nadir of April 2020 to February 2023, which is the most recent month of employment data. Here are the results:


+42.6% Las Vegas
+32.8% Detroit
+28.6% Austin
+28.6% Grand Rapids
+25.7% Orlando
+25.4% Nashville
+23.6% Raleigh
+23.5% Miami
+23.4% Jacksonville
+23.3% Tampa

+23.2% San Diego
+23.2% Dallas/Fort Worth
+23.1% New York
+23.0% Providence
+23.0% Buffalo
+22.0% Riverside/San Bernardino
+21.8% Philadelphia
+21.4% Atlanta
+21.0% San Antonio
+20.0% Indianapolis

+19.9% Honolulu
+19.7% Charlotte
+19.7% Sacramento
+19.6% Los Angeles
+19.3% Phoenix
+19.1% Boston
+19.0% Cincinnati
+19.0% Fresno
+18.5% Louisville
+18.2% Pittsburgh

+18.0% San Francisco/Oakland
+17.8% Columbus
+17.6% Salt Lake City
+17.3% New Orleans
+17.0% Houston
+16.9% Rochester
+16.5% Portland
+16.5% Denver
+16.3% San Jose
+16.1% Oklahoma City

+15.5% Kansas City
+14.8% Seattle
+14.5% Minneapolis/St. Paul
+14.4% St. Louis
+14.3% Richmond
+14.2% Chicago
+14.2% Hartford
+14.0% Tucson
+13.7% Cleveland
+13.0% Birmingham

+12.7% Memphis
+12.5% Virginia Beach/Norfolk
+12.2% Washington DC
+11.7% Milwaukee
+11.2% Baltimore
+9.6% Tulsa

NOTE: This does not factor in the number or percent of jobs lost during the COVID lockdowns, just the rate of growth since. Some MSAs with higher rates of growth are still not fully recovered, and some MSA with lower rates of growth are already fully recovered. Ties between MSAs are broken by hundredths of a percent.

SOURCE: Bureau of Labor Statistics.


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Old 04-17-2023, 10:13 AM
 
415 posts, read 650,856 times
Reputation: 375
Quote:
Originally Posted by elchevere View Post
Might be interesting if someone could find stats showing the number of finance jobs created in SoFla from 2020-2022.
According to the US Census the "Financial Activities" industry grew from 191,000 jobs is Nov 2020 to 207,200 jobs in Nov 2022 South Florida.

That's a growth 16,200 jobs or about 8.4%. They country as a whole grew at 3.2% in this sector over the same period.
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