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Home prices near Miami have risen over 25% in the last year as Silicon Valley and Wall Street billionaires flock to Florida
Home prices near Miami have risen over 25% in the last year as Silicon Valley and Wall Street billionaires flock to Florida
Avery HartmansFeb 2, 2021, 01:52 IST
Miami, Florida.Buena Vista Images/Getty Images
The median home price near
The increase aligns with an influx of business leaders from
Silicon Valley and Wall Street.
Miami has been heralded for its lack of income tax and less liberal culture than the Bay Area.
Silicon Valley elites and hedge fund millionaires are flocking to Miami, and it s already resulting in a major spike in home prices.
Bling Capital This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
When Ben Ling quit his high-powered job at Khosla Ventures to start his own firm, he didn t know if he would fail.
It took hundreds of meetings but Ling successfully raised $90 million in just four months, he told Insider.
He shared his best tips for how to go from $0 to multi-millions when fundraising.
When Ben Ling quit his high-powered job as a partner at Khosla Ventures to launch his own fund he had no idea if he would fall on his face. When I started, I didn t know whether I would be able to raise a $60 million fund or not, because nobody knows until you actually do it, Ling told Insider.
Lightspeed This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Affirm became a public company on Wednesday and two days in, investors still love it. Shares have surged 160% from its initial price, and the company finished the day valued at over $27 billion.
Lightspeed partner Jeremy Liew co-led the company s first major round of venture financing in 2014 alongside Khosla Ventures s Keith Rabois.
Liew remembers the competition to lead the round was intense, given Max Levchin s stellar track record at PayPal and Slide before he started Affirm in 2012.
Liew says the deep intellectual affinity he shared with Levchin regarding big data and artificial intelligence helped him secure the deal.