Disrupting the World's Largest Asset Class with Adam Neumann

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  • Опубліковано 22 лис 2024

КОМЕНТАРІ • 204

  • @a16z
    @a16z  Рік тому +7

    Timestamps:
    00:00 - Introduction
    01:14 - Getting back in the arena
    08:45 - The opportunity in housing
    17:16 - Lessons from WeWork
    20:34 - Work & home post-pandemic
    29:54 - Moving to the cloud
    37:44 - Office serendipity
    41:18 - Building Flow
    47:33 - Cities as startups

    • @miniaddict4534
      @miniaddict4534 Рік тому

      As the top comment said, what an embarrassment.

  • @tommaso99
    @tommaso99 Рік тому +166

    So... it's essentially a housing co-op where a corporation owns the lion's share of the equity but tenants are responsible for maintenance/repairs etc in order to give them the feeling of being homeowners - the burden thereof without any of the benefit. Genius. Oh, and the kicker is the tenants also have to use his banking services.
    To be fair, why wouldn't VC's be willing to invest 9 figures with him. He's a safe bet with an unblemished track record.

    • @bbafford
      @bbafford Рік тому +4

      That isn't how a co-op works. A co-op is a setup where a corporation owns the building and the corporation is membership based, with membership granted by way of a share purchase in the cooperative. Each shareholder in the legal entity is granted the right to occupy one housing unit.

    • @tommaso99
      @tommaso99 Рік тому +21

      @@bbafford Yup, i know how a co-op works. I live in one. Not sure if you actually read what i wrote, but to clarify - my point is that the model he is describing is functionally very similar. The residents will own shares in the building but the residential shares will not amount to the whole. In this paradigm the residents will only own, in total, a small fraction of the equity in building and an external corporation owns the majority. Hope that's more clear.

    • @todbrilliant2241
      @todbrilliant2241 Рік тому +4

      Yep. But I think it’s even closer to the one percent cash back model on scammy credit cards. Except it’ll be on your rent. If you stay for 5 years. And if you don’t ask for fresh paint, carpets, repairs…all the things landlords are legally required to provide.

    • @tommaso99
      @tommaso99 Рік тому +6

      @@todbrilliant2241 good analogy! Ur right, similar machinations! I cannot stand how he couches his own narcissistic greed as philanthropy.

    • @TarotPolitics
      @TarotPolitics Рік тому +3

      No what he’s doing is giving “rewards” in crypto currencies which will force tenants to have to sign up for the scam-infested crypto space. Andreessen is DESPERATE to make crypto a thing so he will tack impossible valuations onto companies that will do the pumping.

  • @computron5824
    @computron5824 Рік тому +28

    The completely insane thing is that Marc says that cities like SF have not been permitting enough housing units, but what he doesn't say is that he's one of those people who tries to block housing construction to limit supply. Just based on that, whatever this firm is planning here will be terrible for the market.

  • @SaschaPallenberg
    @SaschaPallenberg Рік тому +73

    Everything that's wrong with the VC world in one podcast. The intro is already mind boggling

  • @MeetKevin
    @MeetKevin Рік тому +119

    I don't think this guy has ever been a tenant or a landlord.

    • @spol
      @spol Рік тому +7

      It's understandable that you are concerned as a landlord.

    • @vincentyagazie8736
      @vincentyagazie8736 Рік тому +3

      That's why he talks the way he does; he only sees solutions to problems. That's why he will revolutionize the system. It's already working, I live in one of those apartments.

    • @kenseville9469
      @kenseville9469 Рік тому +2

      @@vincentyagazie8736 I was hoping someone who is living in one of these units would comment. What problem is Flow solving?

    • @zedrockiby
      @zedrockiby Рік тому

      @@vincentyagazie8736 What is it like?

    • @vincentyagazie8736
      @vincentyagazie8736 Рік тому

      @@kenseville9469 Exactly like he explained, they try to make a communal experience. Alot of updated common areas. And something significant I noticed is the financial services. Credit cards offered to tenants that make it easier for you to communicate with management financially.

  • @andrewm6786
    @andrewm6786 Рік тому +96

    What an embarrassment for A16z

  • @lavs8696
    @lavs8696 Рік тому +11

    So basically this company gives you all the downside of being a homeowner (all the costs of repairing your own stuff) with very little of the of the upside (only a fraction of the rising property value). Incredible! How is everyone not on board with this??

  • @buraktutar2451
    @buraktutar2451 Рік тому +30

    crazy that these guys invested in him, huge dent in their reputation

    • @zedrockiby
      @zedrockiby Рік тому +1

      what’s so wrong about it? love him or loathe him, adam built wework

  • @jmvanlith
    @jmvanlith Рік тому +51

    Still haven't learned how Flow will actually work.

    • @bashmohandes
      @bashmohandes Рік тому +11

      That's the thing, it won't :D

    • @AdamHaywardHappyCat
      @AdamHaywardHappyCat Рік тому +11

      The clue is in the name "Flow" and the part at 46:20. With Flow you unclog your own toilet, leading to more Flow.

    • @flytoday
      @flytoday Рік тому +2

      A16z model is built on the bigger sucker model.

    • @Diddy1970AD
      @Diddy1970AD Рік тому

      They spoke for an hour and said nothing. Poor tenant will pay rich landlord basically.

  • @francismumbi49
    @francismumbi49 Рік тому +12

    Neumann said 5% and 500bps in one lines. Same thing.... This guy is a great salesman....

  • @bambookers
    @bambookers Рік тому +52

    How this guy has scammed so many investors is beyond me. He is so full of it. It boggles my mind that he conned another investor out of $350 million.

    • @flytoday
      @flytoday Рік тому

      A16z is working on a P&D growth and investment curve

    • @americaworks4202
      @americaworks4202 Рік тому +1

      All you have to do is become a Tall “handsome” white middle aged male with a full head of hair and an accent, with a dash of wit and you will get there. 😅

    • @pavspol
      @pavspol Рік тому +1

      @@americaworks4202 There’s definitely more to the story than his looks lol Story we’re not being told..

    • @americaworks4202
      @americaworks4202 Рік тому

      ​@@pavspol Like what? What story?

    • @pavspol
      @pavspol Рік тому

      @@americaworks4202 JP Morgan and Goldman Sachs dont invest in you just because youre a tall and charismatic young man. Like come on 🤣

  • @RadicalNuance
    @RadicalNuance Рік тому +12

    A lot of words while saying nothing

  • @Onraitravels
    @Onraitravels 3 місяці тому +1

    If Marc is comparing Flow as an extension of the corporate campus, with all the amenities, he is forgetting that those amenities are free at a campus and you pay for them at Flow

  • @rantg
    @rantg Рік тому +13

    Mark is so good at talking bs and look like he know what he is talking about. It seems from his body language that he is aware when he talk about things he doesn't know, look how he moves his eyes when he talk about things he doesn't understand. Look how he close them.

    • @youdontsay2529
      @youdontsay2529 Рік тому +1

      You nailed it. I was thinking the same exact thing. His body language felt off while he prattled on about nothing.

  • @SeanMasters
    @SeanMasters Рік тому +28

    Utter nonsense. First, those VCs who don't see through the ridiculous word-salad shouldn't be in the business. Second, he's essentially talking about building a "company town" which sits in a legal gray area at best, outright illegal at worst, and is unethical regardless. What utter garbage.

    • @chrisl8873
      @chrisl8873 Рік тому +2

      Read up on a company town called Bournville in the UK, then revisit your comments

  • @kevinbenitez42
    @kevinbenitez42 Рік тому +7

    Im not a real estate guy, but it seems the best way to motivate people is not to prevent people from having privacy and tieing their financial assets down. In Israel it works because of the culture but it seems flow can only grow as fast as the culture changes which is pretty hard to change

  • @jamesmarsh4047
    @jamesmarsh4047 Рік тому +5

    I have no idea how az16 chooses founders

  • @InvestOrama
    @InvestOrama Рік тому +3

    These guys can talk... I'm 15 min in and we haven't really started

  • @ardagenc4674
    @ardagenc4674 Рік тому +17

    This wasnt so promising
    If he were honest and said something like: “I saw the idea from another company, know they dont have the same resources and reach as me and when the correct time came I use this opportunity ” I would have probably give hime a second chance

    • @laujanson
      @laujanson Рік тому

      What's the other company?

    • @mveronika
      @mveronika Рік тому +1

      @@laujanson there’s many trying to work on this concept. I had a startup in college before Flow was announced. What Adam has that others don’t is a huge real estate portfolio from the start.

  • @leverageearnings8387
    @leverageearnings8387 Рік тому +12

    Marc is the same guy that is saying he’s pro city and community but you can google that he doesn’t want multifamily buildings in his neighborhood where he lives. Lol all lies

  • @davidanalyst671
    @davidanalyst671 Рік тому +14

    adam's idea of a community is fantastic. For extroverts.

  • @drewgatewood1864
    @drewgatewood1864 Рік тому +4

    I'd really enjoy it if this company's only asset was $350 million in obligations on master leases that they took out on apartment buildings in "emerging" residential areas around the country...
    Listening to him speak gives me Markus Braun Wirecard vibes.

  • @turismo949
    @turismo949 Рік тому +9

    'elevating the world's consciousness' combined with the a16z marketing juggernaut will be fun to watch. New tv series anyone? Perhaps a netflix documentary on modern urban living with a vignette on flow-life?

  • @Aramil4
    @Aramil4 Рік тому +3

    Plunger metaphor at 46:21

  • @Wisagapi
    @Wisagapi Рік тому

    The audience needs to cheer up 😊

  • @FireFishMike
    @FireFishMike Рік тому +7

    Marc fell for this snake oil salesman’s pitch?? This is the most convoluted ridiculous spin of WeWork’s WeLive model Adam tried (and failed).
    The elevated experience with the resident is nothing more than a rented studio apartment wish shared living space. Who would pay for that over ownership?!?
    If Adam didn’t believe in ownership of property, why did he buy up all of the commercial buildings then rent them back to WeWork? Why does his family asset management company own your Flow home and not you, the guy/gal living in it, paying for it and lastly taking care of it? Notice how he spins the responsibility for the renter to maintain the upkeep of the property so that they create value for themselves. In the real world, when you rent, the landlord is responsible for the upkeep, not you!!
    46:22 - HE JUST SAID IT! So if your toilet clogs in your Flow apartment (which is probably shared by the way), it’s on you to plunge it even though Adam Newmann owns it. So he doesn’t need to worry about staffing a superintendent. How stupid are people who would fall for this nonsense?!?

  • @TansuTansu2
    @TansuTansu2 Рік тому +3

    And He's baaaack.......!

  • @HowardThompson-ux7kf
    @HowardThompson-ux7kf Рік тому +6

    Why is this guy not in prison?

  • @nat.serrano
    @nat.serrano Рік тому +6

    To me sounds like a good idea, albeit VERY ambitious.
    1) a coop/property mgr to find tenants and give the community experience
    2) a financial pillar that provides financing to buy shares (or right to live in the unit and community)
    3) another pillar to buy more assets/multifamilies
    if they add the ability to flex-live aka have access to all communities to have a semi nomad experience then it will be the determining factor. I wish I could pursue this idea, but I don't have enough cash to do it...
    RE is obviously capex intensive and difficult to scale quickly (I have a few properties), but Adam has shown that he knows how to scale RE quickly (WeWork) so I think he has a chance...
    If I was him I would start with 3 cities (New York, Miami, Austin) to find PMF.

    • @RR-et6zp
      @RR-et6zp 9 місяців тому

      can you explain to me in detail how it works pls? In a dumber way @eblman5218

  • @homeiztherealestatesocialn9082

    Capital markets are supposed to allocate capital to the most efficient businesses. This is because it is widely believed that private investors, in pursuit of their individual profit, will end up selecting the most profitable businesses from the list of opportunities accorded to them. However, this does not see, to be the case now. The business may be unprofitable to its owners and shareholders. However, it could still be very profitable to the venture capitalists. Wishing all the best to Adam.

  • @grubadubful
    @grubadubful Рік тому +6

    I understand why people don't like this guy, but he is working on a clear problem here - the market is enormous, and it sounds like he may have an interesting solution (will almost certainly evolve). Andreesen is a smart man, as is Horowitz, I would at least pay attention to the WHY they invested here...

    • @todbrilliant2241
      @todbrilliant2241 Рік тому +3

      How is Andreesen a smart man? Because he can make money? The fact that he doesn’t recognize the simple fact that infinite growth isn’t possible on a finite planet is a pretty big tell about his broad intelligence.

    • @m1ar1vin
      @m1ar1vin 11 місяців тому +1

      People that argue "infinite growth is impossible on a finite planet" always fail to mention how close exactly we are to that magic limit of "we can't grow anymore". Are we 90% there? 95%?
      That question is technically right but practically completely irrelevant, since we are barely 10% there, in my opinion. Lot more room to grow. THEN we can think again, but it's irrelevant today.

  • @stevehan8799
    @stevehan8799 Рік тому +2

    I think their "product" will cater to a very specific audience

  • @Onraitravels
    @Onraitravels 3 місяці тому

    This is noting more than Weworks for apartments. Swimming pool, pool table, cafe, lounge and other amenities and charge a premium. It will not solve the housing crisis. It was not meant to solve the housing crisis if you have VC funding.
    Agree with the comment - good for extroverts. Not everyone wants to come home and engage socially after a hard day at the office.

  • @zedrockiby
    @zedrockiby Рік тому +7

    Obviously he is great at what he does, but when I hear him talk, Marc Andreessen always comes across as fairly unoriginal in his thinking. Even on Joe Rogan I was surprised just how pedestrian his thoughts and ideas were. He was also picked apart by peter thiel in their debate. Curious 🧐

  • @aris9560
    @aris9560 Рік тому +2

    Idk... Marc's name gives a lot of credibility to this venture but something is really off with Adam Neumann

  • @eshawn____2373
    @eshawn____2373 Рік тому +2

    Lol the “user”. Dude just say tenant 😂. You’re improving the tenant experience for long term rentals. Cool

  • @waxcomb
    @waxcomb Рік тому +4

    Looking forward to corporations owning all the property and having to rent based on monopolistic pricing!

  • @AlmightyFSM
    @AlmightyFSM Рік тому +11

    Andreessen staying on-brand by talking non-stop for an extended period of time while saying absolutely nothing insightful or novel, interspersed by making a bunch of unsubstantiated claims that conclude the current grift he's peddling is actually going to make the world a better place.

  • @necromancer7712
    @necromancer7712 Рік тому +19

    This guy is inefficient manager. Why is he being given an audience again? I cant believe people sitting there and listening. Skip

  • @Anon123454
    @Anon123454 Рік тому +8

    This is the dictionary definition of grifting LP management fees

  • @InvestOrama
    @InvestOrama Рік тому +1

    So they're monetizing by selling financial services on top of rent?
    Feels like a16z is a VC that just co-bought a bunch of flats with an idea of doing some fancy upselling

  • @seanhope734
    @seanhope734 Рік тому +5

    This guy has Israel behind him

  • @aleksanderbiesaga
    @aleksanderbiesaga Рік тому

    Who led the due diligence process? DG???

  • @brandoncanonizado3086
    @brandoncanonizado3086 Рік тому

    See You at Tech Week !!!!!

  • @dwylhq874
    @dwylhq874 Рік тому +23

    No thanks. Unsubscribed.

    • @zedrockiby
      @zedrockiby Рік тому

      You can just leave quietly

    • @dwylhq874
      @dwylhq874 Рік тому

      You clearly aren’t a WeWork employee who got scammed by this guy…
      ua-cam.com/video/X2LwIiKhczo/v-deo.html

  • @FireFishMike
    @FireFishMike Рік тому +2

    I am seriously questioning the gullible level that people like @a16z are clearly at. I have a bridge I’d love to sell them that will revolutionize how you cross a body of water. It looks like a life preserver and the ‘experience’ crossing the bridge may leave you wet, but it’s the first bridge of its kind. It is so simple and elegant it is visually invisible. And the ROI on the commuter tolls is astronomical because there’s no maintenance required since the bridge is imaginary, I mean elevated consciously.

  • @HostileTakeover555
    @HostileTakeover555 Рік тому +31

    More failing upwards. He has proven to be of low moral character in more ways than one. This idea didn’t just pop into his head one day - he took it from someone else.

    • @parker5548
      @parker5548 Рік тому +6

      Who complains about someone “taking an idea” from someone else? Ideas are worthless. Grow up.

    • @Anon48657
      @Anon48657 Рік тому +1

      Ideas are worthless, execution is the game

  • @Asiaguydude
    @Asiaguydude Рік тому +6

    Adam Neumann or Alfred E Neumann?

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Рік тому +1

    Start with your own town. If you don’t want them built it here, how do you expect it to be build elsewhere.

  • @Katana_00
    @Katana_00 Рік тому +2

    Fractional shares but for housing. The future = less equity = depressing af

  • @brianpayne626
    @brianpayne626 Рік тому +2

    I'm just wondering how much extra all the community & profit-sharing will add to my rent as a tenant? I'd rather save as much money as possible on the rent, and just invest the extra myself.

  • @hippocratech
    @hippocratech Рік тому +3

    Maybe a16z wants him to fail again, so they can make another tv series!

  • @constantineandreu9377
    @constantineandreu9377 Рік тому +3

    Flow right back to 🇮🇱 and take Marc with you😂😂😂😂😂😂😂😂😂😂😂😂

  • @4mIlr
    @4mIlr Рік тому +7

    WeScam

  • @kpvalues
    @kpvalues Рік тому +4

    The promise of living on cloud nine. Before it was working, now living...
    It's the same story all over again.
    I guess the next big thing: shopping😂😂😂

  • @RadicalNuance
    @RadicalNuance Рік тому +3

    Americans never got the memo that when you sit down wearing a suit, you unbutton your jacket 🤣

  • @WatchReporter
    @WatchReporter Рік тому +1

    The footwear choices on these 3 mooks are TRAGIC. This will end in tears.

  • @kishorenadar116
    @kishorenadar116 Рік тому +1

    Came in for Adam but Marc stole the show....

  • @crazieeez
    @crazieeez Рік тому +9

    Neuman made a billion from WeWork. He is out there building a new company. Most people with a billion will just gamble it away and die. Neuman is doing something useful. I commend him. The VC putting money into him, more power.

    • @Diddy1970AD
      @Diddy1970AD Рік тому

      He didn't really 'make' anything, that billion was part of a huge loan to WeWork from Softbank which Neumann very nicely picked up when he exited.

  • @StarStrife100
    @StarStrife100 Рік тому +73

    Adam Neumann should be in prison imo - I would never work with someone who shares his values.

    • @vvee4725
      @vvee4725 Рік тому +10

      Prison?! For what? Investors making shit investments?

    • @vincenthus399
      @vincenthus399 Рік тому +11

      Adam Neumann is a good entrepreneur. His investors kept throwing money at him at every higher valuations, and then the IPO failed. But that doesn't make him a bad person.

    • @mglearsi
      @mglearsi Рік тому +4

      What should he be in prison for? (Genuine question)

    • @testing-vj2ke
      @testing-vj2ke Рік тому

      Ok bye

    • @todbrilliant2241
      @todbrilliant2241 Рік тому

      No doubt prisons will be his next real estate scam.

  • @lavs8696
    @lavs8696 Рік тому +5

    silicon valley is so out of touch. he literally referred to every part outside of the "super cities" as "rural". their own downfall is 99% because of their own ignorance.

    • @PatrickMichalina
      @PatrickMichalina Рік тому +2

      I think you mean “hubris”

    • @lavs8696
      @lavs8696 Рік тому +2

      @@PatrickMichalina definitely more appropriate, couldn’t quite think of the right word.

  • @JohnLaurydallastechrecruiter
    @JohnLaurydallastechrecruiter Рік тому +2

    "stepped down"

  • @Maheshmnz
    @Maheshmnz 7 місяців тому

    Being an anarchist means to work OUTSIDE systems. Anarchists have a vital role. Prob not better for them to be celebrated within a system. That’s not an anarchist, that’s a….

  • @ns3359
    @ns3359 Рік тому +3

    Looking forward to seeing him in jail and those that back him lose their shirts

  • @maasdd
    @maasdd Рік тому +6

    Adam is a genius! cant wait to see his journey with Flow

  • @ramiroochoa4275
    @ramiroochoa4275 Рік тому

    I learned how to turn a regular idea into a 10billions one

  • @TheArbenGjoni
    @TheArbenGjoni 10 місяців тому

    Adam is great

  • @skypickle29
    @skypickle29 Рік тому

    I want to see a Netflix series of how ‘wework’ failed.

  • @MrDeshaunWilkins
    @MrDeshaunWilkins Рік тому

    tenants become users
    Saudis: We got you

  • @edison1
    @edison1 Рік тому +2

    a16z just lost a bunch of money

  • @123asdzxc7
    @123asdzxc7 Рік тому

    Not quite sure how this solves the problem of expensive homes... there's a clear supply/demand problem that isn't allowed to figure itself out because of slumlords and governments working hand in hand

  • @khalidalali186
    @khalidalali186 Рік тому +3

    Lol, how this Jew continues to scam people is beyond me. He should be behind bars with Madoff.

  • @chesstictacs3107
    @chesstictacs3107 Рік тому +1

    Marc Andreesen apparently never learned to speak slowly. Does he know that listening to him is exhausting? No punctuation, no intonation…geez 🤕

  • @onteractive6688
    @onteractive6688 Рік тому +3

    If you are doing this in developing country like Vietnam, our country, I will truly believe that you are really trying to elevate the human conciousness!

    • @alexhoang1601
      @alexhoang1601 Рік тому

      Agree!

    • @andy68686
      @andy68686 Рік тому

      You have been practicing without even realizing it, it's called Comunism lol

    • @alexhoang1601
      @alexhoang1601 Рік тому +1

      ​@@andy68686 you know that's percisely why we need more investment from the west to actually elevate our experience 🤣 we have idea and vision, but we have no mean!!!

  • @suleimanpeshawari1032
    @suleimanpeshawari1032 Рік тому +2

    Sad! Very sad

  • @CaptainPlanet007
    @CaptainPlanet007 Рік тому +3

    Snake 🐍 Adam!
    SoftBank should sue this smuck for scamming them out of billions!

    • @fakeologist1
      @fakeologist1 Рік тому

      They can do their own due diligence

  • @cesarmelendezsahagun2036
    @cesarmelendezsahagun2036 Рік тому

    this is just another kind of SBF moment where VC's suck the middle member to another guy

  • @BlindTakes
    @BlindTakes Рік тому +1

    ugh, this is such a bad look for a16z. Its baffling that they are actually promoting it.

  • @andrekoeks
    @andrekoeks Рік тому

    But seriously tho... those sandals.

  • @yuriybogun
    @yuriybogun Рік тому +2

    I do not trust this guy, I do not know exactly why.

  • @gibranregiste-charles3847
    @gibranregiste-charles3847 Рік тому

    Bullshit absolutely does sell. Shocking.

  • @charlielee3945
    @charlielee3945 Рік тому +1

    Uhhhhhhmazin

  • @MonicaAlfaro-h2h
    @MonicaAlfaro-h2h Рік тому

    custody teaser

  • @weinazhang2529
    @weinazhang2529 Рік тому +2

    I like how tech guys are getting into the real estate! They only making it more expensive because they have to make 100 times on their investment. I’m a ground up real estate developer in downtown and I never take VC funds! Because there’s not enough profits to feeding them! Let’s see the future lawsuits on those 3😅😅😅

  • @constantineandreu9377
    @constantineandreu9377 Рік тому

    Timeshare👌😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

  • @tipdub
    @tipdub Рік тому

    Heeeeellllll to the no

  • @alainportant6412
    @alainportant6412 Рік тому +1

    GOd, what a thieving jew

  • @constantineandreu9377
    @constantineandreu9377 Рік тому

    350 to adam🤔 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

  • @demovideos187
    @demovideos187 Рік тому +1

    The parody writes itself. Brazenly claiming to be the smartest guys in the room, not because they’re thinking about their investors,but because they have a lot of money (and are white).

  • @hugopennmir
    @hugopennmir Рік тому +2

    The big clown is back

  • @hugopennmir
    @hugopennmir Рік тому +2

    The clown is back

  • @tl7211
    @tl7211 Рік тому

    Disrupting the World's Largest Asset Class with one of the world's greatest snake oil seller . LIke WTF man.

  • @SWISSCOLORVISION
    @SWISSCOLORVISION Рік тому

    WeWork just went bankrupt, and now WeWork's founder Adam wants your money to invest in Flow! I am very disappointed in Marc Andreessen standing behind this guy. I don't trust you. These guys can't save the world if they can't save themselves. Thumbs down.

  • @slavmarin7827
    @slavmarin7827 Рік тому +1

    All of this is just another bullshit, but this character will most probably walk away with another billion in a couple of years.
    I wonder - do these two really believe in this, or do they want to line their pockets in the process?

  • @HTOP1982
    @HTOP1982 Рік тому

    This guy is a fantastic salesman.
    Just a terrible product ideator.
    He basically is selling the concept of serviced apartments on a day-to-day resort.

  • @scottdiamond3023
    @scottdiamond3023 Рік тому +2

    Like the idea. But will find the competitor and give them my $. The virtue signalling by mr Neumann might have worked last time.

  • @schumzy
    @schumzy Рік тому

    wow, you VC's really don't learn. I used to think you were the smart money. Also, I've learnt never trust a start-up that uses a common english word as it's name. And I've unsubscribed

  • @MrChazz965
    @MrChazz965 9 місяців тому

    Only a fool would get into business it’s this thief

  • @benclr
    @benclr Рік тому

    Despicable square. None of it makes sense beyond predation.
    Marc only needed a convenient idiot to roll out his politically charged thesis.

  • @yujohnny3050
    @yujohnny3050 Рік тому

    scammers