Twitter and Square founder Jack Dorsey has apparently taken notice of the surge in tech entrepreneurs relocating from Silicon Valley to Miami, and has followed Mayor Francis Suarez on the platform.
It is the latest sign that the movement of tech companies and investors to Miami is accelerating.
On Sunday, venture capitalist Alexander Lloyd announced on Twitter that he would be moving to Miami. Lloyd is the founder of Accelerator Ventures.
Lloyd joins other tech investors including Keith Rabois, Jon Oringer, and David Blumberg who have already announced they would move here.
Miami Worldcenter managing principal Nitin Motwani told CNBC that Miami is seeing a big spark from the pandemic.
“The pandemic has been the single largest accelerator that we have seen,” Motwani said. “This has been a whole new level.”
The CEO of Shiftpixy, which just moved its offices to downtown Miami, told the network that he doesn’t see the bubble of excitement and optimism in California anymore. Instead, he sees something bubbling in Miami.
CNBC is planning a full report later tonight on the trend of tech investors and executives moving to Miami, and aired a short preview this morning.
Source: The Next Miami