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WEKU
WEKU
Fernando Alfonso III

$350 million for WeWork co-founder shows how broken and biased venture capital is

From left to right: Entrepreneurs Rebekah Bastian, Lizelle van Vuuren, Amy Nelson, Katica Roy and Jaclyn Fu. (Lisa Elliot, Lizelle van Vuuren, Jane G. Photography, Katica Roy and Jaclyn Fu)

A reported $350 million investment into a new, yet-to-be-launched real estate venture founded by a controversial businessman has drawn criticism from women entrepreneurs.

The investment, which was made and publicly shared by venture capital powerhouse Andreessen Horowitz, is in Flow, the new company of WeWork co-founder Adam Neumann.

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