Miami Mayor Francis Suarez (Photo by Sonya Revell)
Miami Mayor Francis Suarez’s call to make Miami the new Silicon Valley has Big Tech and real estate pouring cash into his coffers.
Newly minted venture capital billionaire Chamath Palihapitiya, crypto investors Tyler and Cameron Winklevoss, Shutterstock founder Jon Oringer and others are backing the mayor’s reelection campaign this year to the tune of more than $2 million.
Suarez himself admits that many of the major tech players who have written checks “don’t even live in Miami, but have been excited by my vision.”
The mayor has embraced cryptocurrency and proposed building a high-speed tunnel with Elon Musk’s Boring Company to alleviate the city’s traffic woes. He said that the business community “can only vote by contributing.”