A16Z says ‘WeBack’ to WeWork’s Neumann with its biggest check ever

Posted by pranjal9599 on Tuesday August 16, 2022 @01:28AM
from the techcrunch.com dept.

https://techcrunch.com/2022/08/15/a16z-andreessen-horowitz-backs-adam-neumann-wework-new-venture-flow-real-estate/

( 2 comments | 7 points | on HN )

Re:A16Z says ‘WeBack’ to WeWork’s Neumann with its biggest c... by balaselvam on Tuesday August 16, 2022 @01:30AM (#32479497)

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.

[ Parent | on HN ]

Re:A16Z says ‘WeBack’ to WeWork’s Neumann with its biggest c... by karamanolev on Tuesday August 16, 2022 @06:55AM (#32481279)

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.

[ Parent | on HN ]