A16Z says ‘WeBack’ to WeWork’s Neumann with its biggest check ever(techcrunch.com)
techcrunch.com
A16Z says ‘WeBack’ to WeWork’s Neumann with its biggest check ever
https://techcrunch.com/2022/08/15/a16z-andreessen-horowitz-backs-adam-neumann-wework-new-venture-flow-real-estate/
3 comments
Backing not just 1 but 2 investments of Neumann seems strange. Having said that, there must be some due diligence or arbitrage identified. I wouldn't write this one off.
I'm also perplexed. A16z can't be plain stupid and throw good money after bad - they must know something. Externally, WeWork and Neumann seem extremely toxic, so I'm very curious to learn what that thing is.