Andreessen Horowitz shutters its Miami office after two years

Andreessen Horowitz shutters its Miami office after two years

Andreessen Horowitz (a16z) has closed a satellite office in Miami Beach just two years into a five-year lease it signed for an 8,300-square-foot space. The reason? Disuse, reports Bloomberg. Miami — once a hotspot for crypto, an area of interest for a16z — has struggled to retain venture cash and entrepreneurial talent in recent years, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Andreessen Horowitz shutters its ‘Wall Street South’ office after 2 years because nobody was showing up

Miami is a winner in the office space slump, but its triumph wasn’t enough to stop Andreessen Horowitz from ditching its office in the city.

Andreessen Horowitz Ditches Miami Two Years After Opening Office

When Andreessen Horowitz opened an outpost in Miami Beach, the $43 billion venture capital giant bolstered the region’s ambitions of becoming a tropical tech mecca.

Andreessen Horowitz Dumps Miami Beach Office

Venture capital firm Andreessen Horowitz, one of Silicon Valley’s most prominent players, has shuttered its office in Miami Beach, in a major blow to the city’s burgeoning tech scene. The investor, best known for making bets on Facebook, Instagram and Airbnb, cut short its lease by about three years because its employees were not making enough use of the office, Bloomberg reported.  In 2022, the Menlo Park, Calif.-based firm, also known as a16z,…

Andreesen Horowitz closes Miami a16z office due to lack of use

Andreessen Horowitz closes Miami office, raising questions about the city’s crypto future The $43 billion firm, known for its significant investments in technology and crypto, opened the office in 2022, intending to support Miami’s growing reputation as a tech hub.…