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Sports Betting in Miami Miami is the most populated city in Florida and without a doubt the hotbed for sports within the State.
Silicon Valley, who?
SoftBank is following the deal train to Miami, where it plans to launch a $100 million fund to back tech companies in the Magic City.
COO Marcelo Claure announced the initiative Jan. 28 on Miami Mayor Francis Suarez’s Cafecito Talk series, streamed live on Twitter.
Suarez has been courting entrepreneurs and investors, including Elon Musk, Keith Rabois and Jon Oringer, who are flocking to Miami from tech hubs like San Francisco. SoftBank’s investment is the first “significant, substantive” bet, he said. “Capital is incredibly important to scale, and this movement now becomes very, very real.”
Investors pumped $1.06 billion into South Florida startups last year, according to Pitchbook. That’s a fraction of the $156 billion invested nationwide, one-third of which went to companies in the Bay Area. SoftBank’s investment is coming from its existing funds, includings its $5 billion Latin America vehicle.
Claure, who owns a home in Miami Beach, started the wireless service provider Brightstar in 1997. He is executive chairman of WeWork, which announced a partnership with the city of Miami last week. The co-working firm will offer discounts to businesses expanding to the city.
“We’ve been an industry that’s been technology-resistant for decades. Our customers are demanding more and better.”
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Why do professionals consider that betting on Under 223.5 OT in the match forecast is Golden State Warriors — Miami Heat 18.02.2021 profitable?
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