Going With the Flow II
The Credit Strategist Blog
On August 16, I published a blog questioning Andreeson Horowitz’s (AH) investment of $350 million into WeWork founder Adam Neumann’s new rental-apartment start-up called flow. On the face of it, the investment seemed like an extremely risky bet on a man whose failure at WeWork was epic.
We now have more details on this investment and rather than a tradi…