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by hk1337 1410 days 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.
2 comments
skellera 1410 days ago
It 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?

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nojito 1410 days ago
It'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.

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hk1337 1410 days ago
The 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?

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tppiotrowski 1410 days ago
Why would AH not disclose the investment amount? Can we trust these "people briefed on the deal"?
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