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Re:Adam Neumann’s latest big idea? To become America’s bigge... by sn0w_crash on Sunday August 21, 2022 @12:22AM (#32537397)
Like it or not, Neumann has made WeWork into a household name. I know more people with a WeWork than a PS5.

Questionable Business ethics and personality issues aside, it is not unreasonable that investors would bet on him again.

Yes, even with the failed IPO.

Re:Adam Neumann’s latest big idea? To become America’s bigge... by feet on Sunday August 21, 2022 @06:28AM (#32538846)
The problem is that we should not reward these behaviors, yet we have a system set up that does exactly and purely that
Re:Adam Neumann’s latest big idea? To become America’s bigge... by sn0w_crash on Sunday August 21, 2022 @02:15PM (#32542856)
“We” are not rewarding anyone. These are not my tax dollars. Andreesen as a firm is free to invests its money however they wish.

If those investments continue to yield fruitless bets over a finite timeline they will fail.

If their LPs have a problem with this they can take it up with the fund.

Re:Adam Neumann’s latest big idea? To become America’s bigge... by feet on Sunday August 21, 2022 @04:59PM (#32544380)
We are all part of the same system and we vote for politicians that refuse to regulate businesses even when they actively harm people.
Re:Adam Neumann’s latest big idea? To become America’s bigge... by WheelsAtLarge on Sunday August 21, 2022 @01:47AM (#32537723)
A16Z know the story behind WeWork. They are now investing in Neumann's new venture. Seem like they were satisfied with WeWork's outcome. Why are they risking their money? They know that Wework went from 0 to a multi billion dollar company that continues to function even after all the commotion.

I'd say A16z's investment has a great chance of hitting it big.

Re:Adam Neumann’s latest big idea? To become America’s bigge... by alpha_kumar on Saturday August 20, 2022 @10:03PM (#32536765)
Crazy he could get funded again, looks like Horowitz is going the Blackstone model
Re:Adam Neumann’s latest big idea? To become America’s bigge... by streetcat1 on Saturday August 20, 2022 @11:41PM (#32537210)
Its not crazy, its actually means that they are going down the risk curve. When you create a rental / real estate company, does it really matter who is at the top?