Andreessen Horowitz Ditches Miami Two Years After Opening Office

https://www.bloomberg.com/news/articles/2024-09-04/andreessen-horowitz-ditches-miami-two-years-after-opening-office

by stanleydrew • 2 years ago

9 5 2 years ago

Florida is 90% RH and in the 90s for most months of the year. Miami gets to stare down hurricanes for some stretch of that - and a lot more storms are Cat 3-5. Recent housing increases (inc ins) moved FL from the lowest quadrant of housing costs to the highest.

Coincidentally, ~2 years seems when move-ins fully realize what they got themselves into. Some can leave at-will and do; some hunker down for a while to reevaluate.

source:early 90s move-in, looking for an exit

smcin2• 2 years ago

"90% RH" = Relative Humidity. If you live in California you wouldn't even recognize that acronym regularly.

As to disruption by possible hurricanes, can you break that down to how much disruption x how many days/yr? How long is the airport closed for? freeways? electricity? etc. AFAIK the Miami metro averages one hurricane within 50 miles every 6-8 years. I don't see that's much different to the effect of winter storm disruption in the northeast.

WarOnPrivacy2• 2 years ago

If you live in California you wouldn't even recognize that acronym regularly.

Also Irkutsk, the Ethiopian highlands and a small valley outside of Slickpoo Idaho. We too enjoy a robust non-sequitur.

As to disruption by possible hurricanes,

Thank you for also introducing that into the conversation. Getting back to staring down hurricanes, our increasing number of high-ACH storms has us doing the preemptive prep earlier and earlier. Mine includes dismantling and securing temp use structures and prepping each of my customers per their unique setups. My neighbor has to rearrange his job docket around vendor and customer prep while prioritizing outside installations so that equip is available for storage.

These can get a bit wearing when they happen multiple times per month.

AFAIK the Miami metro averages one hurricane within 50 miles every 6-8 years.

We haven't had a landfalling hurricane here since 1921 and we had an in-county hurricane relief project last year. Storms tear crap up even when one-liners hint otherwise.

Andreessen Horowitz Ditches Miami Two Years After Opening Office

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