FU Nights occur in 20+ cities around the world. As a goal, it is global movement that aims to accelerate the learning process while reaching people closer to actual cases of business failure. Logistically, it is a monthly event series where entrepreneurs talk about their biggest professional or business failure in a candid way.
As a Miami-specific example, Faquiry Diaz (CEO, Tres Mares Group) has already agreed to be the first speaker. By his own account, he has three war stories: (1) loosing www.serve.com to some college students, which was then bought for $300mm (2) loosing www.gradeyourprof.com, and (3) not turning www.pobox.com into the future Gmail.