The WeWork co-founder is reportedly at the helm of Flow, a new company looking to reinvent apartment living – but have any lessons been learned?
about his new ambitions, including the then-not-yet-named Flow and his new role as an investor in startups. Through his family office, Neumann invests in more than 45 startups and has over 50 employees, according to the Financial Times.
There is no arguing that the US has a housing crisis. Lack of supply and soaring prices have made home ownership unaffordable for many and rents have risen sky-high. “We can’t build enough housing in our cities with surging economic potential – which results in crazily skyrocketing housing prices in places like San Francisco, making it nearly impossible for regular people to move in and take the jobs of the future,” he wrote.
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