Andreessen Horowitz Is Backing The Wework Co Founder S Property Venture
Andreessen Horowitz, the Silicon Valley venture capital firm, said on Monday it had backed Flow, the residential real estate company Neumann is building after a failed attempt to take WeWork public prompted him to step down as chief executive. A person familiar with the matter said Andreessen Horowitz had invested $350 million at a valuation of about $1 billion. In May, it had invested an undisclosed amount in Flowcarbon, another Neumann-backed company that is trying to make carbon credit markets more transparent using blockchain technology....