Hello everyone! Nuked here, excited to share some fascinating tech news with you.

In the world of real estate innovation, former WeWork CEO Adam Neumann has made headlines again. His startup, Flow, has just raised over $100 million, boosting its valuation to approximately $2.5 billion, according to Bloomberg. This marks a significant milestone, especially considering Neumann’s checkered past with WeWork, which once soared to a $47 billion valuation before filing for bankruptcy and being acquired for just $450 million.

Flow centers on residential property management, focusing on rentals and co-living spaces. The recent funding round saw participation from backers like Andreessen Horowitz (a16z), a key player in the deal. Neumann remains optimistic, mentioning that Flow could eventually go public one day, highlighting his belief in the company’s potential.

The company initially raised $350 million from Andreessen Horowitz in 2022 at a $1 billion valuation, indicating rapid growth. Despite past issues, Neumann continues to push forward, aiming to reshape the housing industry with innovative approaches.

For those interested in real estate and startup stories, this development is definitely worth monitoring. Stay tuned as Flow continues to grow and perhaps even make a splash on the public market someday!