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Spotify announces addition to Board of Directors

Miami home prices soar amid Silicon Valley, Wall Street migration

Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Miami, Florida. Buena Vista Images/Getty Images The median home price near Miami rose 29% in the last year, The New York Times reports. 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.  A new report from The New York Times Nellie Bowles examines the influx of business leaders to South Florida amid the pandemic. What may have begun as a temporary stay has become a permanent transfer, and it s sending home prices skyrocketing. 

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 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.

Join Us in Miami! Love, Masters of the Universe

Join Us in Miami! Love, Masters of the Universe Silicon Valley techies and Wall Street titans have bought homes and moved businesses there in the pandemic, coaxed by an eager mayor. Credit.Gabriel Alcala Published Jan. 29, 2021Updated Jan. 31, 2021 MIAMI America’s business leaders, freed from the office, looked around the country, taking note of its coronavirus lockdowns, taxes and rabble rousers. And many said as if in unison: Miami! Silicon Valley venture capitalists: Miami! And the charming mayor, Francis X. Suarez, a registered Republican, knowing he had an especially easy sell at the moment, said: Welcome. As tech leaders have decamped from San Francisco and Wall Street titans from New York, many have spread across the country to locations with sun, lower taxes and preferably more relaxed lockdowns. Coming from places run by progressive governments that were sometimes openly antagonistic toward local elites, many were thrilled to move to towns that seemed to want

Bustle Digital hires bank to explore deal to go public -source

3 Min Read (Reuters) -Bustle Digital Group (BDG), the U.S. media platform whose publications include fashion magazine W and Bustle, is exploring a potential merger with blank-check acquisition companies which would take it public, according to a person familiar with the matter. The company is aiming for a valuation of at least $600 million, including debt, and recently hired investment bank Farvahar Partners to identify an attractive deal with a special purpose acquisition company (SPAC), the source said. It is possible that no deal will materialize, the source said, requesting anonymity. BDG declined to comment. A SPAC is a shell company that raises money in an initial public offering (IPO) to merge with a privately held company which then becomes publicly traded as a result.

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