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WeWork’s Adam Neumann Launches Residential Real Estate Firm

Saturday, Aug 20 2022
Commercial Lending
Written by  The Mortgage Leader

WeWork founder Adam Neumann, whose infamously imploded company promised to revolutionize work through subleased coworking spaces, has returned with a new residential real estate company called Flow. So reports Fortune.

FlowWhat’s more, billionaire Marc Andreessen has bet on Flow to the tune of a reputed $350 million, which would be the biggest investment ever by Andreessen’s venture capital firm.

Though specifics were scant, Andreessen indicated in a blog post that Neumann’s new firm would work to address perceived shortcomings in both renting and home ownership.

Read the full article from Fortune. 

 

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