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E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
All-In with Chamath, Jason, Sacks & Friedberg
Is Adam Newman a Venture Capitalist?
Time will tell whether there is a technology business here. If it ultimately is an amalgamation of a bunch of apartments with some sort of interconnected technology that helps enable a better community or what have you, those kinds of REITs have also been built before. To invest at a billion dollar valuation or 1.5 or two or whatever the number turns out to be makes sense. The issue at hand though is that again, he has found a technology investor to buy a technology story.
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