(CNN) — Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup. Representatives for Flow and Andreessen Horowitz did not immediately respond to requests for comment. He also explained his thinking for backing Flow, a residential real estate company, and Neumann despite the founder’s high-profile fall from grace at WeWork. “Adam, and the story of WeWork, have been exhaustively chronicled, analyzed, and fictionalized — sometimes accurately. WeWork’s dramatic rise and spectacular failed first attempt at going public inspired the TV miniseries “WeCrashed,” in which Jared Leto portrayed Neumann as the poster child of startup culture’s excess.

Source: CNN August 16, 2022 22:09 UTC