The WeWork founder left the company after the postponed IPO and has since held back with public appearances.
(Photo: Getty Images)
New York Venture capitalist Andreessen Horowitz gives we work-Founder Adam Neumann a second chance. The well-known Silicon Valley financier is investing around $350 million in Neumann’s latest startup called Flow.
It is the largest single investment Andreessen Horowitz has ever made. And that, although Flow is still in the so-called “stealth mode”, that is, it is still at the beginning.
This is only known about the business model – again it is about real estate. This time, however, it’s about apartments. In recent years, Neumann has purchased about 3,000 residential units in Miami, Fort Lauterdale, Atlanta and Nashville for his new company to manage.
Like WeWork, the 43-year-old wants to prioritize a sense of community. After all, more and more Americans are no longer working in the office or co-working space, but rather at home, and are increasingly looking to connect with their neighbors.
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