Harry Stebbings@HarryStebbings
Why a16z Invested $300M into Adam Neumann:
"At the height of the WeWork meltdown, I talked to a friend of mine who is one of the legends of the real estate world.
He said, "Whatever people say about this whole thing, he said, there are only two people in the history of the world who have built compelling brands where people care about the name on the building for commercial real estate and the history of the entire world.
And he said one of them is the President of the United States, and the other is Adam Neumman.
This guy is a generational talent in that industry... we got to know him after that. I became thoroughly convinced that he was a generational talent.
We're very happy with that investment." @pmarca