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Flow is an American residential real estate company founded in 2022 by Adam Neumann, the former CEO of WeWork. [2] Headquartered in Miami, Florida, [3] the company aims to address aspects of the housing shortage in the United States by incorporating technology, fostering social interaction, and promoting equity for renters. [4]
Neumann is a primary focus of the nonfiction book Billion Dollar Loser (2020). [67] In the Apple TV+ series WeCrashed (2022), Neumann is portrayed by Jared Leto. [68] [69] In 2022, The New York Times won an Emmy Award for DealBook Summit: One-on-One With Adam Neumann, a live interview hosted by Andrew Ross Sorkin. [70]
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On September 13, 2019, the company announced changes to its corporate governance to include the ability for the board of directors to pick a new CEO and not having CEO Adam Neumann's family members on the board. Neumann also agreed to transfer to the company any profits from his real estate deals with the company. [122] [123]
Adam Neumann, who founded WeWork, is back in the real estate business with a rental properties startup and a $350-million check from the venture firm Andreessen Horowitz.
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In July 2019, the company acquired Bixby, a building management technology platform. [12] In October 2020, the company raised a $42 million investment round led by Adam Neumann's family office, 166 2nd LLC. [13]
Adam Neumann’s real estate company gets backing from Horowitz, Peloton lays off over 800 people. August 15, 2022 at 8:11 AM ...