Andreessen Horowitz has invested $350 million in a residential real estate startup, Flow, founded by Adam Neumann, the cofounder and former CEO of WeWork, according to The New York Times . The investment, the largest check Andreessen Horowitz has ever written in a single round, values the pre-launch company at over $1 billion, The New York Times reported. Neumann rose to fame—and later...
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Musk’s Twitter Has Just 180,000 U.S. Subscribers, Two Months After Launch
Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January, or less than 0.2% of monthly active users, according to a document viewed by The Information. The tiny number signals the challenge Elon Musk faces in turning the subscription product into a major source of revenue. The U.S. number is about 62% of Twitter’s global...
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