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A16Z says ‘WeBack’ to WeWork’s Neumann with its biggest check ever

7 points| pranjal9599 | 3 years ago |techcrunch.com

2 comments

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[+] balaselvam|3 years ago|reply
Backing not just 1 but 2 investments of Neumann seems strange. Having said that, there must be some due diligence or arbitrage identified. I wouldn't write this one off.
[+] karamanolev|3 years ago|reply
I'm also perplexed. A16z can't be plain stupid and throw good money after bad - they must know something. Externally, WeWork and Neumann seem extremely toxic, so I'm very curious to learn what that thing is.