It's unclear yet, but if you've seen Apple TV's WeCrashed, you probably wouldn't be surprised if she decides to join him as a co-founder. Neumann's firm reportedly invested more than $20 million across two funding rounds in 20 and vacated their board seats in May 2022. It has been reported by Forbes - WeWork Cofounder Adam Neumann’s New Real Estate Startup Sounds An Awful Lot Like One He Invested In Two Years Ago - that Adam Neumann's investment firm actively invested in Alfred, a real estate concierge service that appears to be a direct or near-direct competitor to Flow. For more details on financing and valuation for Alfred, register or login. Think Airbnb for when you're not on vacation, maybe? Recent developments have indicated - based on the below report of Neumann's investment in Alfred and concerns over a conflict of interest - that Flow will be an app-based property management system to provide concierge services to tenants. Hello Alfred a residential experience company and developer of a human-driven. On this track it could blend high end hotel accommodations, community, mobility (i.e. Marcelas Operator Experience: CEO, Co-Founder Alfred (backed by Spark Capital. One reasonable idea is that it's like WeWork but for housing. We just saw the lady for some minutes before we took her to. We'll be updating this post as more details are available. Hello Just want to inform you that we have received your shipment of Mona Lisa (La Gioconda) today. In his blog post announcing his firm's investment in Flow, Marc Andreessen makes it clear this project is extremely ambitious. It seems these units will be the foundation for an experience-based property management company. While details are limited, we understand that Adam Neumann spent the past few years acquiring multifamily real estate in major sunbelt markets including Atlanta and Nashville and now controls over 3,000 apartment units. At this point we know very little about the startup's business model, except that it is focused on transforming residential real estate, the worlds largest asset class, with a focus on multifamily housing (apartment buildings).įlow raises $350 million at $1 billion valuationįlow is a residential real estate platform that is reportedly valued at $1 billion after receiving a $350 million investment from Andreessen Horowitz, commonly referred to as 'a16z', a leading Silicon Valley venture capital firm. Our benefits include unlimited PTO, investment opportunities, and 100 paid-for health insurance. We work hard to take care of the people we work with. Our company culture defines how we interact with our members and partners, and with each other. Photo: Michael Kovac/Getty Images for WeWorkĬontroversial WeWork co-founder, Adam Neumann is back with his newest startup: Flow. order to bring about meaningful change for how we live together.
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