• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
NewslettersCEO Daily

Miami startup founders seem to have one thing in common: Mayor Francis Suarez

By Jackson Fordyce and
Michal Lev-Ram
Michal Lev-Ram
Down Arrow Button Icon
By Jackson Fordyce and
Michal Lev-Ram
Michal Lev-Ram
Down Arrow Button Icon
March 22, 2023, 12:57 AM ET
Francis Suarez, mayor of Miami, speaks during the Bitcoin 2021 conference in Miami, Florida on June 4, 2021.
Francis Suarez, mayor of Miami, speaks during the Bitcoin 2021 conference in Miami, Florida on June 4, 2021. Eva Marie Uzcategui—Bloomberg/Getty Images

Good morning. Fortune editor-at-large Michal Lev-Ram here, filling in for Alan.

I’m writing from Miami, where spring break is in full force—for better or worse. Fortune is here for a less rowdy celebration, a gathering of some of the city’s growing number of entrepreneurs.  

About 20 of them joined us at a dinner last night, including the founders of Cameo, which sells personalized celebrity video messages; Eight Sleep, maker of high-tech mattresses; Novo, a banking platform for small businesses; and a web3 community for underrepresented women called The Sisterverse; among others. The group of entrepreneurs, many of whom are also CEOs of their companies, represented a diverse set of sectors and backgrounds. But one of their more surprising commonalities was their connection to one person: the mayor of Miami, Francis Suarez. 

“I moved here because the mayor tweeted at me,” Amanda Goetz, founder of “luxury CBD brand” House of Wise, told the group. According to Goetz, Mayor Suarez reached out to her, via Twitter, after she posted that she was considering moving to the coastal city. 

Mayor Suarez came up multiple times during the dinner, so often that I eventually asked the founders just how many of them had directly interacted with him. Nearly every hand in the room shot up. The founders, most of whom were transplants to Miami, had either been tweeted at by the mayor, or invited to one of his “cafecito” meetups—regular tech conversations he hosts at Miami City Hall. (An aside: One entrepreneur, Andrew Parker, whose company Papa connects seniors with vetted companions, yelled out that he’d even recently had dinner with the mayor’s father.)

The mayor’s influence in many of these founders’ decision to set up shop in Miami came as a complete surprise to me. So did the fact that, for the most part, they didn’t mention his politics or policies, but rather highlighted the personal connection they’ve formed with him. 

To be sure, there’s still plenty of opportunity for growth, and plenty of growing pains, in the Miami tech scene. As Roya Pakzad, founder of Feminade, an online concierge for women’s health, shared with the group: The Bay Area is still the top location when it comes to a concentration of tech workers. That was also the sentiment when it came to talking about where most of the founders’ funding was coming from. “This is the natural evolution of an ecosystem,” said Laura Maydon, a founder (and investor) who started venture capital firm Ascendo in Miami in 2021. 

But after last night’s dinner, I can’t help but wonder: If Mayor Suarez can get founders to relocate by tweeting at them, maybe Miami really has a shot at becoming known as a center of entrepreneurship—not just a hub for spring break revelry. 

(Our dinner in Miami was a lead-up event to the Fortune Founder Forum, which takes place in Park City, Utah, this summer. For more information, please click here.)

Michal Lev-Ram
michal.levram@fortune.com

TOP NEWS

Apple avoids layoffs

Apple has avoided mass layoffs during the pandemic by making three prudent business moves: It was slow to hire during the boom days of COVID, it was quick to freeze hiring when the tide turned, and it brought on a chief people officer to strengthen its HR practice. It also implemented other cost-cutting steps like reducing business travel, delaying employee bonuses, and giving a 40% pay cut to CEO Tim Cook. Fortune

Cathie Wood’s silver lining

Cathie Wood, CEO of ARK Investment Management, has stated that the billions of dollars in losses incurred by her exchange-traded funds during last year's market crash will help offset tax bills on future gains. The strategy is popular among investors during market downturns to reduce the impact of a rout. Bloomberg

Talent has leverage

Recruitment experts predict that workers will still have bargaining power over the next five years, and employers must offer competitive compensation and benefits to attract top talent. A LinkedIn report shows that DEI will remain a priority for businesses, with 75% of recruiters stating that inclusive hiring is still a top aim. Fortune

AROUND THE WATERCOOLER

SVB wanted to ease customer worries but fueled a fire instead. The saga offers 6 lessons about communicating in a crisis by Lila Maclellan

Silicon Valley Bank’s collapse is a blow to Black founders and immigrant entrepreneurs by Ellen McGirt

Bill Gates says the ‘age of A.I. has begun’ and it could either reduce inequity or make it even worse by Prarthana Prakash

‘Already past the point of no return’: JPMorgan says the U.S. is probably headed for a recession as economic ‘engines are about to turn off’ by Tristan Bove

Commentary: Biden weighs in on the battle for the soul of Wall Street. Here’s how the president’s first veto will shape the way Americans’ money is managed by David Atkin

This edition of CEO Daily was edited by Jackson Fordyce. 

This is the web version of CEO Daily, a newsletter of must-read insights from Fortune CEO Alan Murray. Sign up to get it delivered free to your inbox.

About the Author
Michal Lev-Ram
By Michal Lev-RamSpecial Correspondent
Twitter icon

Michal Lev-Ram is a special correspondent covering the technology and entertainment sectors for Fortune, writing analysis and longform reporting.

See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

Anthropic’s Mythos reveals a growing security gap: AI finds flaws far faster than companies can patch them
AIEye on AI
Anthropic’s Mythos reveals a growing security gap: AI finds flaws far faster than companies can patch them
By Sharon GoldmanApril 14, 2026
3 hours ago
Ally Bank reached 50/50 spend on men’s and women’s sports. Now its CMO is taking on ‘fanflation’
NewslettersMPW Daily
Ally Bank reached 50/50 spend on men’s and women’s sports. Now its CMO is taking on ‘fanflation’
By Emma HinchliffeApril 14, 2026
4 hours ago
Exclusive: AlphaSense names new CFO as revenue tops $500 million
NewslettersCFO Daily
Exclusive: AlphaSense names new CFO as revenue tops $500 million
By Sheryl EstradaApril 14, 2026
9 hours ago
Exclusive: Chad Rigetti’s Sygaldry raises $139 million to bring quantum hardware to AI data centers
NewslettersTerm Sheet
Exclusive: Chad Rigetti’s Sygaldry raises $139 million to bring quantum hardware to AI data centers
By Allie GarfinkleApril 14, 2026
11 hours ago
Trump’s war and rhetoric are drowning out the IMF’s growth agenda
NewslettersCEO Daily
Trump’s war and rhetoric are drowning out the IMF’s growth agenda
By Diane BradyApril 14, 2026
11 hours ago
OpenAI CEO Sam Altman (center) and Anthropic CEO Dario Amodei (right), not holding hands, in New Delhi on February 19, 2026. (Photo by Ludovic Marin/AFP/Getty Images)
NewslettersFortune Tech
OpenAI revenue chief accuses rival Anthropic of goosing revenue projections
By Andrew NuscaApril 14, 2026
11 hours ago

Most Popular

Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
By Fortune EditorsApril 13, 2026
1 day ago
Retirees are facing a $345,000 bill they never saw coming — and most aren't prepared
Commentary
Retirees are facing a $345,000 bill they never saw coming — and most aren't prepared
By Fortune EditorsApril 14, 2026
11 hours ago
He was coding at 12 like Elon Musk and became one of Google’s youngest-ever CMOs—but now says Gen Z is better off ice skating than learning to code
Success
He was coding at 12 like Elon Musk and became one of Google’s youngest-ever CMOs—but now says Gen Z is better off ice skating than learning to code
By Fortune EditorsApril 14, 2026
14 hours ago
Current price of gold as of April 13, 2026
Personal Finance
Current price of gold as of April 13, 2026
By Fortune EditorsApril 13, 2026
1 day ago
‘I’m not going to force you’: Duolingo CEO backs off from evaluating employees on their AI usage 
Workplace Culture
‘I’m not going to force you’: Duolingo CEO backs off from evaluating employees on their AI usage 
By Fortune EditorsApril 13, 2026
1 day ago
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
Economy
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
By Fortune EditorsApril 12, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.