It'll also involve a cryptocurrency - except that, per its own spokesperson, the crypto won't actually be able to pay rent on the platform.
...
As far as we can nail down anything concrete, former WeWork CEO Adam Neumann's latest venture is a real estate startup called Flow.It's already raised $350 million in venture capital, which it says it'll use to carry out some sort of inscrutable and jargon-filled mission that'll solve the housing crisis or something.
...
A Flow spokesperson told the financial magazine, however, that while the wallet will allow users to make outside purchases with the funds they have stored in it like any other, it won't let them make rental payments.
...
One startup founder, Kate Braddock, called Flow's huge fundraising check "DISGUSTING" and singled out its VC backers, a16z, for giving its largest single-check investment to date to a "straight white male" founder of a company as "toxic" as WeWork.
[
add
]
[
|
|
...
]