3 views: Thoughts on Flow – Thealike

A nonexhaustive record of why Marc Andreessen and Adam Neumann have misinterpret America’s housing issues

When Marc Andreessen introduced that he was sinking $350 million of a16z traders’ cash into a brand new enterprise by WeWork co-founder and former CEO Adam Neumann, loads of jaws dropped. For one, there was the huge sum and equally large valuation for an organization that, as of in the present day, owns a couple of thousand rental items.

Then there have been the claims that Flow may assist remedy inequality, nervousness, loneliness and quite a lot of different social ills. Neumann’s concepts for Flow, Andreessen mentioned, are “not lacking in vision or ambition, but only projects with such lofty goals have a chance at changing the world.”

That’s idealistic rhetoric, even by the requirements of Silicon Valley.

Something didn’t really feel proper to us. Yes, there was the Neumann issue. But there was one thing extra. Neumann and Andreessen had been attempting to denationalise the neighborhood. Here’s why we predict that’s not such an ideal thought.

There are some issues that enterprise capital can remedy. For instance, I discover it fairly nice that I can get a experience house from a vetted stranger if I’m out alone late at evening and don’t really feel comfy strolling to the subway, then transferring to a bus to get house.

But therein lies the crux of the issue: What if public transportation was merely simply higher? What if I didn’t must resolve between dropping $25 on an Uber and strolling quarter-hour to the subway, standing alone underground, using the subway, getting out, ready for the bus exterior alone, then taking the bus house at midnight?

By the identical notion, Adam Neumann’s Flow needs to resolve what investor Marc Andreessen calls a housing disaster.

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