“Our nation has a housing crisis.”
New Player in the Rental Space: Adam Neuman.
2023 will be an interesting year in real estate.
Adam Neumann, the founder of WeWork, whose spectacular rise and fall has been chronicled in books, documentaries and a scripted television series, has a new venture — and a surprising backer.
Neumann’s new company Flow wants to transform the residential rental real estate market.
Andreesen Horowitz is investing about $350 million in Flow, according to three people briefed on the deal. The investment, the largest individual check Andreesen Horowitz has ever written in a round of funding to a company, values Flow at more than $1 billion before it even officially opens its doors.
New York Times