Ana Gonzalez, head of 500 Startups Miami — which has its main headquarters in Silicon Valley — said that Miami’s ‘entrepreneurial ecosystem is at an inflection point.’
The word is meant to represent the tropical answer to the Silicon Valley “unicorns,” start-ups that are worth more than $1 billion. Among the leaders is 500 Startups, which opened a Miami branch last year, as well as TheVentureCity, set up two years ago to offer opportunities to Latin American and European entrepreneurs who lack Silicon Valley contacts.
Ana Gonzalez, head of 500 Startups Miami — which has its main headquarters in Silicon Valley — said that Miami’s “entrepreneurial ecosystem is at an inflection point.” That diversity offers startups access to markets on the US East Coast, Latin America and Europe, according to experts. “Whether it’s South America or Europe or other parts of the United States, they’re coming here for lifestyle reasons, cost-of-living reasons, safety/security, access to different markets. So there’s a lot of different value-adds of being here compared to, say, going to San Francisco, or New York, or Boston, or any of the other traditional tech hubs,” he said.
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