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From 2020 to 2022, Plug and Play was the most active startup accelerator in the world, according to CB Insights. The firm has a presence in over 60 sites across five continents and NJ FAST is the firm’s first-ever partnership on the East Coast. Plug and Play invests in over 250 companies a year.
And Miami is a bet that you can take a top global city without a massive startup ecosystem and agglomerate the talent necessary to compete with San Francisco, New York and Boston. The cynicism of immediate perfection is one of the strange dynamics of startups in 2020. The future is malleable — and bets do pay off.
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