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.
https://techcrunch.com/2024/09/04/andreessen-horowitz-shutters-its-miami-office-after-two-years/
Andreessen Horowitz has closed its satellite office in Miami Beach after only two years, citing disuse. The closure is a setback for the company's plans to establish 'global outposts' in cities like NYC and Santa Monica.