This morning a CNBC guest called Adam Neumann a "great salesman" but failed to endorse Neumann's latest enterprise in conjunction with Andreesson Horowitz.
Andreesson Horowitz is also behind online brokerage Titan which announced it would offer several private equity options offered by other great salesmen, Apollo Global Management and The Carlyle Group.
Titan and its PEU partners will take fees for their services.
Carlyle co-founder David Rubenstein recently talked how buying cryptocurrencies is titillating. Titan can help investors get into crypto and/or private equity products.
Are you ready to be sold?
Update 9-18-22: David Rubenstein's show is now on PBS as well as Bloomberg. Crypto loving Rubenstein (Paxos investor) just put out a book on investing.
Update 9-21-22: Rubenstein was on Fox yesterday and will open tomorrow morning for CNBC. Both networks have him talking about Fed policy. Few mention his advisory role for the New York Fed.
Update 9-27-22: CNBC reported:
The actively managed Ark Venture Fund invests in 70% private firms and 30% public companies focused on technologically enabled innovation, and selectively in other venture capital funds, Ark Invest said Tuesday. The fund is available initially through investing app Titan to individual investors with a minimum investment of just $500. Titan is a startup backed by Andreessen Horowitz. The Ark Venture Fund charges a flat management fee of 2.75%.
Update 10-28-22: "Surge your wealth" is being sold by evangelical faith leaders. The faithful can be fee-ed by their leaders.
Update 2-8-23: Neumann and Andresson continued their usual word overstuffed nonsense. Apparently it is too difficult to clearly explain Flow's business model. WeWork's valuation went from a high of $47 billion to $1.4 billion today.
Update 8-10-23: WeWork's stock imploded to 13 cents a share and its debt traded at $13 per $100 valuation. It issued a going concern warning. That's a Titanic level sinking.
Update 8-28-23: Tech bros are behind the purchase of over 55,000 acres of farmland with the intent of building a new high tech city.
One local rancher told the San Francisco Chronicle that Flannery Associates' buying spree "was like a hostile takeover ... it was Shakespearian, a 'Game of Thrones' kind of thing."
Andresson is part of Flannery Associates.
