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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch

first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. Shares of Switchback II Corporation are off more than 14% in morning trading today, appearing to sell off sharply in the wake of news that the blank-check company’s merger with scooter company Bird has been approved by shareholders.

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Startup cynicism and Substack, or Clubhouse, or Miami, or …

TechCrunch

Some of those bets involved actual venture capital dollars. And Miami is a bet that you can take a top global city without a massive startup ecosystem and agglomerate the talent necessary to compete with San Francisco, New York and Boston. There were millions of bets made in the tech industry last year.