Estimated reading time: 0 minutes, 28 seconds

WeWork’s Adam Neumann Launches Residential Real Estate Firm

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

 

Read 114 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.