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> The firm’s investment in Flow is about $350 million, according to three people briefed on the deal, valuing the company at more than $1 billion before it even
by hk1337 4y ago
> The firm’s investment in Flow is about $350 million, according to three people briefed on the deal, valuing the company at more than $1 billion before it even opens its doors.
Seems like the same shit he did before.
- skellera 4y agoIt feels like a joke, how is this possible. I can understand investing big in people but Adam would be the last person I would trust to be successful. The lack of owning responsibility in the failure of WeWork is a huge red flag. Why would A16Z give their largest investment to him?
- nojito 4y agoIt's pretty much guaranteed returns. This investment is a no brainer if you are able to get in very early. The subsequent rounds are where there's little to no chance of success.
- hk1337 4y agoThe only thing I can think of is because the co-founder has the same last name as what’s in the VC name. Maybe that’s standard practice for VC to be named co-founder in this circumstance?
- tppiotrowski 4y agoWhy would AH not disclose the investment amount? Can we trust these "people briefed on the deal"?