Venture Capitalist David Sacks Predicts Miami and Austin Will Replace NYC and San Francisco as Finance and Tech Capitals
Published on: Jan. 2, 2026, 10:18 a.m. | Source: scanx.trade
Venture capitalist David Sacks predicts Miami will replace NYC as the finance capital and Austin will overtake San Francisco as the tech hub, citing progressive policies as drivers of capital flight. While Miami courts Wall Street firms and Austin attracts tech relocations from companies like Oracle and Tesla, established centers retain structural advantages including NYSE, Nasdaq, and concentrated VC funding.
