NIMBY Marc Andreessen Gives WeWork’s Adam Neumann $350 Million to, Uhh, Solve the Housing Crisis
https://www.vice.com/en_us/article/4ax3bw/nimby-marc-andreessen-gives-weworks-adam-neumann-dollar350-million-to-uhh-solve-the-housing-crisis
Despite the spectacular implosion of WeWork, co-founder and former chief executive Adam Neumann has still been able to convince a new crop of suckers—I mean, investors—to give him their money.
Andreessen Horowitz has signed a $350 million check to Flow, Neumann's new startup that is eyeing the housing market in order to "address" the housing crisis in the U.S., the firm wrote in a blog on Monday. The New York Times reported that this was "the largest individual check Andreessen Horowitz has ever written in a round of funding to a company.”