Andreessen Horowitz Closes Miami Office Amid Crypto Decline

The venture capital firm exits its Miami Beach location after two years, reflecting broader challenges in the tech and crypto sectors.

Andreessen Horowitz vacated its Miami office due to low employee attendance.
The firm had signed a five-year lease in 2022 but left after just two years.
Miami's status as a tech and crypto hub has waned following the FTX collapse.
Venture capital investment in Miami has significantly decreased since 2022.
Other major firms like JPMorgan Chase and Goldman Sachs continue to expand in Miami.