It's an exciting time to be in Multifamily, and I'm especially excited about what is happening in the PropTech space.
Yesterday a16z announced that they cut their biggest single check ever: $350 which they've invested into Flow, Adam Neumann's newest startup.
He's acquired 3,000 apartment units and plans to operate them using the Flow model. Which, is largely speculative – but seems to be here to create flexible living options for remote workers and those that want to live on the go.
To learn more – here are some great places to start:
– This week in Startups: https://www.youtube.com/watch?v=mvGmgXPrrzk
– Fast Company: https://www.fastcompany.com/90768208/california-is-going-to-make-its-own-insulin-to-fight-high-prices-heres-how-it-might-work
– NY Times: https://www.nytimes.com/2022/08/15/business/dealbook/adam-neumann-flow-new-company-wework-real-estate.html
