Andreessen Horowitz has announced an investment of $350 million into Flow, a new residential real estate company from infamous WeWork founder Adam Neumann. In a blog post by Marc Andreessen, the noted VC investor describes Neumann as a “visionary leader” and a founder who at times doesn’t get the credit he deserves for “fundamentally redesigned the office experience”. I’d imagine a large portion of these funds are to be tied up in hard assets (i.e. real estate) which I think makes this investment into a controversial founder like Neumann a bit more palatable.
#wecrashed #a16z #realestateinvesting
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