WeWork Co-Founder Plans A16Z $350M Investment in New Billion-Dollar Real Estate Venture
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Andreessen Horowitz estimates the investment flow at more than $1 billion
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Adam Neumann, the co-founder and former CEO of co-working office startup WeWork,
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is dealing with another land rental business that has gotten subsidizing from Andreessen Horowitz.
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According to a report by The New York Times, the venture capital
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firm has invested about $350 million in Neumann's up-and-coming
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real estate business called Flow, which aims to provide a seamless
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residential experience at a chain of branded apartment complexes.
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In the event that you knew all about WeWork's set of experiences,
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you might be encountering a feeling of history repeating itself.
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The organization, which gives adaptable office space to laborers,
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was once esteemed at $50 billion.