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Amazon CEO Jeff Bezos begins a recent letter to the shareholders with this question. His answer is simple: “Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1.”
Ashton Kutcher’s VC firm, Sound Ventures, believes there’s opportunity for investment outside of Silicon Valley. Specifically, the firm pegs Denver, Austin and Miami as the most promising U.S. markets for tech startups and investing, outside of the large markets like Silicon Valley and New York, of course.
John Schoettler, Amazon’s head of real estate, gave a few hints about what the company wants from its new headquarters city.
“We look forward to cities that are … progressive and are thinking forward and long term, in terms of affordable housing and mass transportation and being able to move people around,” he said.
Miami was always seen as an underdog for Amazon’s headquarters, given its thin roster of heavy corporate hitters, lack of a tech-savvy workforce and low marks on certain urban perks, like a vibrant transit system.