Miami, FL
Andreessen Horowitz just dealt a blow to tech's move-to-Miami movement
Andreessen Horowitz has reportedly given up on its Miami office after just two years in the space.
The Silicon Valley venture capital firm, also known as a16z, left its Miami Beach office in May because staff “weren’t using it enough,” Bloomberg reported Wednesday, citing people familiar with the matter. The company had signed a five-year lease in 2022 for 8,300 square feet of space in Miami Beach, the news outlet reported.
The move comes after one of Andreessen Horowitz’s cofounders, Ben Horowitz, announced in July 2022 that the firm was switching to a “new operating model” that involved a network of satellite offices, including new locations in Miami Beach, New York City, and Santa Monica.
“The firm is now virtual, but can materialize physically on command,” Horowitz said at the time.
A year later, the firm’s other cofounder, Marc Andreessen, said that remote work had “detonated” how we connect and that it’s “not a good life” for younger workers, as it robs them of working relationships and opportunities.
Andreessen Horowitz did not immediately respond to Business Insider’s request for comment.
Prominent Silicon Valley figures have touted their interest in heading to Miami during the pandemic. VC Keith Rabois, for one, called San Francisco “so massively improperly run and managed that it’s impossible to stay here” before packing up for Miami during the pandemic in 2020.
While some tech and crypto firms have been making an exodus from California in recent years, citing high taxes and the state’s liberal politics, a16z’s departure is the latest sign of shakiness in the migration from the Valley.
Earlier this year, The Wall Street Journal reported that Rabois was planning on living again in San Francisco for at least part of the year, and was renovating his home in the city. The Journal reported that some other startups located in the area, including some Rabois had backed, had moved away from Miami, in part to better attract tech talent.
VC investment in Miami also saw a huge decrease in 2023, dropping 70% to $2 billion, according to the Journal. More recently, dealmaking in the Miami-Fort Lauderdale area was $361 million in the second quarter of this year, down from $623.2 million in Q1 of 2024 but comparable to the $377.7 million from Q2 last year, according to PitchBook data.
While some companies who have expanded to Miami or based their operations in the city have since moved elsewhere, the pandemic-era trend of relocating away from San Francisco extended beyond Florida.
Austin has also emerged as another popular destination for firms leaving the Valley. Elon Musk said in July that he’d relocate the headquarters of SpaceX and X, formerly Twitter, from California to Austin after previously moving Tesla’s HQ to the Texas city.
Miami, FL
I went to 2 famous Miami restaurants, a flashy steakhouse and a Cuban hot spot. Here’s how they compared.
Café La Trova celebrated the city’s Cuban heritage through live music, warm hospitality, and dishes that felt deeply rooted in local culture.
Papi Steak, meanwhile, embraced Miami’s flashy, see-and-be-seen reputation with theatrical presentations, celebrity appeal, and an atmosphere that often felt more like a nightclub than a standard steakhouse.
Despite Papi Steak’s over-the-top reputation, nearly every dish I tried — from the wagyu pastrami to the hamachi crudo — was thoughtfully prepared and tasted just as good as it looked. If you’re looking for an indulgent, special-occasion dinner where the spectacle is part of the fun, it’s easy to understand why the restaurant has become such a phenomenon.
Still, if I could only recommend one restaurant to a first-time visitor, I’d choose Café La Trova.
While Papi Steak offered the more decadent, once-in-a-lifetime meal, Café La Trova delivered a more authentic Miami experience, pairing outstanding food and cocktails with a genuine sense of the city’s history and culture.
Miami, FL
7 more women arrested at southwest Miami-Dade massage parlors, accused of prostitution in undercover sting
Seven more women have been arrested at massage parlors across Miami-Dade, following a wave of arrests in an undercover prostitution sting operation run by the Miami-Dade Sheriff’s Office.
All seven women appeared in bond court facing prostitution charges as well as running a massage business without a license. The arrests come a day after seven other women were arrested at massage parlors in southwest Miami-Dade. Those locations were closed after the first round of arrests.
According to arrest reports, the women would offer sexual acts to an undercover detective after a massage. They would also charge, according to the reports, prices ranging from $50 to $150.
The women’s ages ranged from 46 to 67 years old:
- Yaoying Lin, 58
- Xiufen Lin, 51
- Yan Xi, 48
- Zixuan Wang, 46
- Mei Hui Lin, 49
- Quirong Xu, 67
- Hongli Ren, 63
Judge Mindy Glazer presided over the bond court appearances. During the proceedings, she referenced charges of “committing a lascivious act and engaging in prostitution,” according to CBS News Miami’s reporting from the courthouse.
Yaoying Lin’s attorney, Paul Petruzzi, persuaded the judge to reduce her charge from a felony to a misdemeanor.
“She’s resided in Miami for many years. Married. And has never failed to appear,” Petruzzi said.
“They had my client held overnight. She was charged with a felony unfairly. To the point where a judge on her own dismissed it. It’s either real bad, bad, bad police work. Or it’s something else. A little bit more nefarious. I’m afraid the latter,” Petruzzi said.
The Miami-Dade Sheriff’s Office said that they will not be providing any interviews regarding this undercover sting at this time.
This is the eighth edition of Miami Hurricanes on SI’s breakdown of each team on the 2026-27 Miami Hurricanes football schedule.
Miami, to this point, is coming off its biggest test of the year against Pitt. Now they will turn their attention to Bill Belichick and what he has accomplished to this point in his second season as a college football head coach.
North Carolina should be better than last season after a disappointing 4-8 2025 outcome. However, the Hurricanes also understand that this is the ideal trap game before they head on the road to face Notre Dame in one of the biggest games of the season, which could hold massive playoff implications.
Miami can’t look forward. All eyes will be on what the new season and another fun home game against a rising contender.
Here’s everything you need to know about UNC and its 2026 unit.
The Offense
Petrino03 | USA TODAY Network via Reuters Connect
Thursday 17, 2014
After coming off one of the worst offensive outputs in the country last season, Belichick knew that he needed to make a move quickly. It started with hiring veteran coach Bobby Petrino as the teams offensive coordinator.
It won’t be the 126th ranked offense, but how much better could it get with Petrino making the calls? The Tar Heels will also have a new quarterback under center, but so far, no one knows who exactly it will be.
The most talented player in the quarterback room is Travis Burges. A 6-foot-4 freshman dual-threat quarterback with unlimited potential, but they also went into the transfer portal and landed some experience in former Wisconsin QB, Billy Edwards Jr., is expected to start, but the change could be made halfway through the season if things don’t work.
Two new starting receivers also entered from the transfer portal, but the consistency in the room was provided by Jordan Shipp. Last season, he led the team in receiving yards (671) and touchdowns (6), even with how bad the team was at scoring.
UNC’s rushing attack was also highlighted by returning sophomore Demon June. He rushed for nearly 500 yards in his limited snaps, averaging 5.5 yards a carry with two touchdowns.
Defense
Defense should be the calling card of the Tar Heels next season, led by their star pass rusher, Melkart Abou-Jaoude. The 6-foot-5, 260-pound rusher totaled 10.5 sacks and 47 tackles last season. Another year learning under Belichick would likely push him to be a first or second round pick in the 2027 Class, one that the Canes are paying close attention to.
Moreover, some familarity will be on the sideline and a likely starter during his freshman year in Keton Dopson, the former Miami Hurricanes commit. He reclassifed to the 2026 class, and flipped his commitment knowing that there is a better chance to get on the field quicker at UNC than the depth that he would have had to wait behind at least for this season.
UNC’s secondary is one of the more sound groups in the country compared to the rest of its roster. However, their linebacking core who rack up tackles, are transfers who have to learn the Belichick system.
Schedule
Schedule-wise, this game is the biggest trap game of the season for the Canes. If Miami finds its way past Pitt, it will be 7-0, and this game stands between the Canes and a rematch with the Fighting Irish.
This is the perfect time for Belichick to get his first signature win against a returning program like Miami, which puts a ton of pressure on the Canes to get the job done. However, the Canes can’t afford it, knowing what is coming next.
Moreover, this is the perfect chance for Darian Mensah to have a better game than last season’s outing against the Tar Heels. His one touchdown performance was one of his weaker games of the season, but it could be a step for him to get control of the Heisman conversation.
Outlook
MIami will be favored in this game, similar to how it will be for the rest of the season. UNC will give the Canes one of the better defensive matchups this season that will also test the offense.
Miami’s history against UNC in the Mario Cristobal era has shown it can have a high-flying offense but has to avoid self-inflicted wounds.
The Game
Date: October 31
Time: TBA
TV: TBA
Location: Hard Rock Stadium
Series History: UNC leads 16-11
Last Meeting: 2023
The Team
The Coach: Bill Belichick
Offensive Coordinator: Bobby Petrino
Defensive Coordinator: Steve Belichick
2025 Record: 4-8
2025 Rankings: 126th Total Offense, 70th Total Defense
Players to Watch: Melkart Abou-Jaoude, R-Sr, EDGE
Top Newcomer: C.J. Sadler, WR, Freshman
Biggest Question: How will Belichick adjust in his second year as a college football head coach?
The School
Location: Chapel Hill, North Carolina
Founded: 1789
Enrollment: 32,099
Nickname: Tar Heels
Colors: Power Blue and White
Mascot (Symbols): Rameses the Live Ram
The Program
Last Win in the Series: 2023
Last ACC Title: 1980
National Championships: NA
Playoff Appearances: NA
Last missed bowl season: 2025
Heisman Trophies: NA
The Schedule
October 31, Time TBA, Pitt Panthers @ Miami Hurricanes
This is the eighth story in Miami Hurricanes on SI’s early preview series of all 12 regular-season opponents for Miami football in 2026.
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