Venture capital firm is investing $350m at a valuation of more than $1bn, a person familiar with the matter says

Real Estate

Venture-capital firm Andreessen Horowitz is investing in Flow, a real-estate startup led by former WeWork executive and co-founder Adam Neumann.

The firm, known as a16z, is investing $350m in Flow at a valuation above $1bn, said a person familiar with the matter, making it one of the largest-ever investments for an early-stage startup. Flow was founded earlier this year.

Andreessen Horowitz puts $350m behind ex-WeWork boss Neumann’s new startup

Berber Jin

WeWork

The New York Times

Commercial Real Estate

Investing

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