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Apollo and FC Barcelona just proved legacy markets are losing their grip on business

New York and California built dominance over decades. But costs, regulation and red tape is pushing companies and capital to states like Florida.

For decades, states like New York and California were the unquestioned centers of economic ambition. If you wanted to build a company, scale a financial institution or anchor a global brand, those were the places to be. That assumption is beginning t… [3194 chars]

Source: Fortune | Published: 2026-04-02T19:46:06Z

Credit: Fortune

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