printAndreessen Horowitz Backs WeWork Co-Founder Adam Neumann’s Real-Estate Startup Flow
by b_b
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In a July trademark-application filing, an entity affiliated with Flow described its services as including cryptocurrency trading, providing an online social-networking platform, real-estate development, and temporary accommodations. It couldn’t be determined how Flow plans to incorporate cryptocurrency into its business.
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In June, Mr. Andreessen and his wife, Laura Arrillaga-Andreessen, wrote a letter to the Atherton Town Council objecting to a new housing-development proposal to allow the construction of multifamily homes in Atherton, Calif., where they own a home. In his post announcing the Flow investment, Mr. Andreessen cited a shortage in housing supply as one of the factors putting pressure on rents in U.S. cities.
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