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VC Apocalypse? WeWish!
WeWork scammer Adam Neumann enters the housing market with Andreessen Horowitz (a16z)
I was going to write something serious about the news that “way more money than sense” guru Marc Andreessen has dropped $370 million into the WeWork trashheap known as Adam Neumann’s new venture: Flow. But even though the price tag is huge, it’s not really like WeWork.
This money may well “Flow down the toilet” and “Flow[n] the coop.”
But there’s little reason to talk seriously about this current round of proof these people are less capable, caring, intelligent and worthwhile than most neighborhood drug addicts.
So let’s do a little math. I have a background in affordable housing, economic development and startups and expansions.
The “Buzzwords” and Buzz Communities
According to NYT, TechCrunch, and other sources, Neumann has bought 3,000 apartment “units” in Miami, Fort Lauderdale, Atlanta and Nashville and named the venture “Flow.”
These are all regarded as high-growth cities where a lot of companies have recently relocated. I know from working for a design-build firm in Nashville that Nashville has been the #1 corporate relocation center from California for the past few years. I’m…