Wall Street

A Notorious CEO is Making a Big Comeback

Published by
The Street

By Ellen Chang Andreessen Horowitz has invested in a venture started by a man whose real-estate company imploded spectacularly. Wall Street is all about second chances, for some people. In the latest example, a venture capital firm is backing a mysterious startup founded by a man who led a huge real-estate company to breathtaking valuations before it crumbled right before its planned IPO. The venture capital firm Andreessen Horowitz invested in Flow, a new residential real estate startup company founded by Adam Neumann, who made a name for himself with his spectacular rise and fall as co-found…

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