Before Ed Boland joined Scout Ventures, he was in the private banking world searching for a niche to cover as he tried to make his career. All the traditional industries in Miami, like healthcare and law, were over-crowded, but then he read about the emerging tech ecosystem in Miami.
After connecting with notable individuals in the community, he realized that being affiliated via banking would only serve to make him a service provider. What Boland really wanted was to be a key figure pushing the ecosystem forward; he wanted to help change Miami from a service based economy to a knowledge based economy. Link