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The sheer volume of people migrating to Austin from all over the country, but particularly from the San Francisco Bay Area, has been making headlines for a while now. It’s a model Pechet envisions replicating in other cities with similar housing supply issues such as Miami, Tampa, Raleigh and Charlotte.
It’s a cool comeback story, considering that at the onset of the pandemic, Zeus Living made headlines for laying off about 80 people, or about 30% of the company. cities such as Austin, Miami, Portland and Philadelphia. We’re going into this new phase where people don’t have to be in a handful of cities,” he told TechCrunch.
It’s August 2021, and while that hasn’t happened, Argo has launched a small fleet of robotaxis in Miami and Austin in partnership with Lyft. Whether it be in the core of Miami, Austin, DC. So this all depends on your frame of reference, Nilay, and I guess, which headlines you’re reading and believing. I think so.
I’m not going to run you through the latest Twitter headlines because, similar to the introduction of this newsletter, I will probably need to update it every hour to include all the pivots, contradictions and straight up meltdowns that are happening on the platform. Thanks to all who came to Miami this week for our debut crypto conference.
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