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Adam Neumann raises $350M from a16z for his new startup Flow, Bay Area housing hypocrisy | E1535
This Week in Startups
What's the Margin There?
If there's a million of them, and they make a hundred dollar profit per month from each, it's a billion, two in profits. That is profit. What's the margin there? Oh, i think itwas li the margin. I ownd ain real estate u why they mightn't own it in a treasury that is separatethan the pianal. But if you look on the pianal, it's really the rental of those. And how much above market would be the profit, right? So that's, that was always newman's game, and that's why everybody gave him all that money. Ase when he sowed it to massa. When
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