Thoughts on streaming – TechCrunch


A non-exhaustive list of why Marc Andreessen and Adam Neumann misread America’s housing problems

When Marc Andreessen announced that it is sinking $350 million of a16z investors’ money in WeWork co-founder and former CEO Adam Neumann’s new venture, much jaws dropped. For one, there was a huge amount of money and an equally huge valuation for a company that currently has several thousand rental units.

Then there were the claims that Flow could help tackle inequality, anxiety, loneliness and a host of other social ills. Andreessen says Neiman’s ideas for Flow “are not without vision or ambition, but only projects with such lofty goals have the potential to change the world.”

That’s idealistic rhetoric, even by Silicon Valley standards.

Something wasn’t right with us. Yes, there was the Neumann factor. But there was one more thing. Neumann and Andresen were trying to privatize the district. Here’s why we think it’s not such a great idea.

There are some problems that venture capital can solve. For example, I find it great that I can walk home from a verified stranger if I’m out alone late at night and don’t feel comfortable taking the subway and then transferring to the bus to get home.

But this is the essence of the problem. What if public transportation was just fair? better? What if I didn’t have to decide to drop $25 on an Uber and take the subway for 15 minutes, stand alone on the subway, get on the subway, get off, wait outside for the bus alone, then take the bus home at midnight?

Along the same lines, Adam Neumann’s Stream wants to solve what investor Marc Andreessen calls the housing crisis.



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