New Player in the Rental Space: Adam Neuman

by | Aug 16, 2022 | Saul's Insights | 0 comments

“Our nation has a housing crisis.”

New Player in the Rental Space: Adam Neuman.

2023 will be an interesting year in real estate.

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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.

Investing in Flow

New York Times
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