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TechCheck

TechCheck+ Flow Co-Founder Adam Neumann 4/11/24

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.566 Ratings

🗓️ 11 April 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Adam Neumann, former CEO of WeWork, sits down with CNBC’s Deidre Bosa to discuss the launch of his new Florida-based real estate startup, Flow, his bid to buy back WeWork, and more. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

Nearly five years after We Works implosion, remember that, Adam Newman is back now in the

0:06.2

spotlight unveiling his newest venture.

0:08.0

It's called Flow, and it aims to, quote, transform the residential experience.

0:12.8

And he's already got the backing of Andreson Horowitz

0:16.1

who gave Newman 350 million dollars a year and a half ago.

0:20.4

That is the largest individual check the VC firm has ever written in a funding round,

0:25.1

valuing the startup at a billion dollars.

0:28.2

Adam Newman joins us now, along with Teyodra Bosa, who's in Fort Lauderdale, Florida,

0:32.4

for Flows' Initial Large. Dreyes, who's in Fort Lauderdale, Florida, for Flo's initial launch.

0:34.5

Deidre.

0:35.5

Tyler, thank you very much.

0:37.1

And Adam, it is nice to see you.

0:38.9

Thanks for welcoming us here for Launch Day.

0:42.1

You're launching your new venture today flow. I know that you've

0:44.3

been heads down over the last few years just concentrating on developing it. I

0:48.5

want to get into it. I want to get into we work, which I know you're trying to

0:51.6

buy back. But first I thought we might just

0:53.9

address the elephant in the room. Some people might be surprised to see you on our screens again.

1:00.0

What are you going to do differently this time around?

1:03.4

Well, first of all, thank you so much for coming down here

1:06.3

to Flow Fort Lauderdale.

1:08.9

It is an extremely exciting day for us,

...

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